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    OFF-MARKET
    Small apartment buildings

    2615 32Nd St, Brownsville, TX 78521

    2,360 SF Built 2000
    Property ID
    US82-4315717
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 2000
    Total area 2,360 SF
    UPID US82-4315717
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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