817 Michigan St Alton, TX 78573
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 817 Michigan St
- Year built
- 2009
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located at 817 S Michigan Street, Alton, TX 78573, within Hidalgo County. Built in 2009, this single-building property sits on a substantial 9,199.87 square foot lot. The property is currently offered for sale by owner at $4,675,000. Each of the four units boasts two bedrooms and one and a half bathrooms, providing comfortable living spaces for tenants. Further enhancing tenant appeal are two assigned covered parking spaces per unit and a generous private backyard for each. The property's strong rental income potential is underscored by its solid construction and desirable features. This multifamily investment is ideally suited for discerning investors seeking a well-maintained, income-generating asset in a growing Texas market. The property's location in Alton, TX offers convenient access to local amenities and services, contributing to its overall attractiveness and potential for long-term appreciation. This is a turnkey opportunity to acquire a profitable multifamily property with immediate income generation. The property's details are readily available upon request.
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
- -98.3276303
- Latitude
- 26.280812
