1409 Michigan St Alton, TX 78573
- Small apartment buildings
- 4,012 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 1409 Michigan St
- Year built
- 2024
- Property size
- 4,012 SF
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit multifamily property in the desirable Alton Village subdivision of Alton, Texas. Completed in 2024, this property boasts a total of 4,012 square feet across two buildings situated on a generous 9,718.236 square foot lot. The property consists of two distinct units within each building. One unit in each building offers 2 bedrooms and 2 bathrooms, while the other unit in each building provides 3 bedrooms and 2 bathrooms. All units are equipped with modern kitchen appliances and in-unit washer and dryer hookups, enhancing their appeal to tenants. This property represents a turnkey investment opportunity, ideal for adding to an existing portfolio or for first-time multifamily investors. The strategic location in Alton Village offers strong potential for rental income and appreciation. The asking price is $499,000. Further photos will be available soon. This is a rare chance to acquire a newly constructed, high-quality multifamily property in a growing Texas market. Don't miss this chance to secure a profitable addition to your investment holdings.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3274518
- Latitude
- 26.2803919