Current Use by Public Records
- Apartment buildings
Property Details for 326 Virginia Ave
- Year built
- 2020
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional 2-unit apartment building, constructed in 2020, presents a compelling investment opportunity in Mercedes, Texas. Located at 326 N Virginia Avenue, this property sits on a generous 4,999.817 square foot lot. The building comprises two spacious, identical units, each boasting two bedrooms and two bathrooms. Modern design elements are evident throughout, with attractive wood-look tile flooring in each unit, providing both style and easy maintenance. Kitchens are equipped with sleek quartz countertops and ample cabinetry, enhancing functionality and appeal. One unit is currently vacant, offering immediate potential for rental income or owner occupancy. The property's 2020 construction ensures minimal maintenance needs and long-term value. This duplex is ideally suited for both first-time investors seeking a hands-on approach and seasoned investors looking to expand their portfolio. Its location in Mercedes, Texas, within Hidalgo County, zip code 78570, offers a promising market for rental properties. The combination of modern amenities, spacious units, and a desirable location makes this a truly exceptional investment opportunity. This property presents a rare chance to acquire a well-maintained, income-producing asset with significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9163
- Latitude
- 26.1548
