1620 Norma Ln Edinburg, TX 78539
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1620 Norma Ln
- Year built
- 1980
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building ideally situated in Edinburg, Texas, at 1620 Norma Lane, zip code 78539. Built in 1980, this property boasts a generous lot size of 14,299.87 square feet and comprises a single building. The property's central location offers easy access to Expressway 83, making commuting a breeze. Nearby amenities include HEB grocery store, schools, and popular restaurants, ensuring high tenant demand and occupancy rates. Each of the four units is thoughtfully designed with two bedrooms and two bathrooms, providing comfortable living spaces for residents. Furthermore, each unit comes equipped with essential appliances, including a washer, dryer, stove, and refrigerator, enhancing the appeal to potential tenants. The tile flooring throughout adds to the property's overall durability and ease of maintenance. This fourplex represents a strong investment opportunity due to its prime location, desirable unit features, and the potential for significant rental income. The asking price is $395,000. This property is situated in Hidalgo County.
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
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1822094
- Latitude
- 26.2866107
