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    1010 Cedarwood Drive

    Rio Grande City, TX 78582
    • $275,000
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: 355827
    UPDATED: 43 min ago
    $275,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,144
      SQFT
    • $66
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2007
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Fully rented 4-plex located in Rio Grande City. This rare opportunity offers individual, stand-alone units. The property has a strong rental history and vacancies are filled in a matter of days. The units feature vaulted ceilings and tile floors and despite their outstanding condition are currently being rented below market rates. Suggested pricing for the 3bed/2bath units are $715-$720/month and $650 for the 2bed/2bath units. The property is located right next door to Dr. Mario Ramirez Elementary School. Easy access to HWY 83, city offices, restaurants and shopping make it an attractive rental property. This is a great income-generating asset being offered at $68,750 per unit.

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    © 2021 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2021-05-06T21:16:31.523.
    www.jinksrealty.com/homes/116504850
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    1010 Cedarwood Drive Rio Grande City, TX 78582

    • Price: $275,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 355827
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    4,144
    SQFT
    $66
    $/SQFT
    2007
    Built
    Neighborhood:
    Trophy Plex
    County:
    Starr
    Area:
    Rio Grande City
    Elementary School:
    Ramirez
    Middle School:
    Rio Hondo Junior High
    High School:
    Rio Grande City H.S.
    School District:
    Rio Grande ISD
    Property Description
    Fully rented 4-plex located in Rio Grande City. This rare opportunity offers individual, stand-alone units. The property has a strong rental history and vacancies are filled in a matter of days. The units feature vaulted ceilings and tile floors and despite their outstanding condition are currently being rented below market rates. Suggested pricing for the 3bed/2bath units are $715-$720/month and $650 for the 2bed/2bath units. The property is located right next door to Dr. Mario Ramirez Elementary School. Easy access to HWY 83, city offices, restaurants and shopping make it an attractive rental property. This is a great income-generating asset being offered at $68,750 per unit.
    Exterior Features

    Carport Spaces 8.00 Exterior Features Mature TreesPatioSprinkler System Exterior Siding Brick Fence Type PrivacyWood Foundation Type Slab Garage Carport AttachedNo GarageRear Entry Location Features Mature TreesSidewalksSprinkler System Pool YN No Roof Composition Shingle

    Interior Features

    Flooring Type Tile Interior Features DryerMicrowaveWasher Water Heater Electric

    Property Features

    Community Amenities Curb & GutterSidewalks Energy Features None Hvac CentralElectric Maintenance Expense 3692 Other Expenses 7258 Poa YN No Property Insurance 1400 Property Sub Type Fourplex Reo No Taxes Wo Exemption 8995 Water Sewer City SewerPublic Water

    Listing by Mark Hanna of Hanna Solutions.
    © 2021 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2021-05-06T21:16:31.523.
     
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    916 West Nolana Loop, Suite A
    Pharr TX, 78577