2615 32Nd St, Brownsville, TX 78521
This renovated four-unit apartment building in Brownsville, Texas, presents a compelling investment opportunity. Located at 2615 E 32nd Street, 78521, this property boasts a total of 2,360 square feet situated on a 5,249.85 square foot lot. Built in 2000, the single-building complex comprises four units, offering a mix of layouts to cater to diverse tenant needs. Two ground-floor units feature two bedrooms and two bathrooms each, while the remaining two units on the second floor each offer two bedrooms and one bathroom. All units are equipped with appliances, enhancing their appeal to potential renters. The property's strategic location offers convenient access to the University of Texas Rio Grande Valley (UTRGV) and the Tomates International crossing to Mexico, making it highly attractive for long-term tenants. Alley access off East Avenue provides ample off-street parking for residents. The asking price for this income-producing property is $289,900. This represents a strong potential for consistent rental income and long-term appreciation. The property's features and location combine to create a desirable investment opportunity in a growing market. Don't miss the chance to secure this promising addition to your investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.