Description
A great opportunity for a multifamily portfolio consists of 16 units with onsite laundry facilities generating additional income. The sellers built these apts in 1989 and have owned them all along. The 5 buildings sit on a 1 acre (+/-) corner lot. All apts are 2 bedrooms and 1 bath, 15 apartments have all tile floors. Roofs replaced in 2019. Appliances and other equipment have been replaced as needed. Great Rental history. The property is conveniently close to schools, science academy, minutes from the Mercedes Outlet Mall. No sign. Please do not disturb the tenants. Contact Listing Agent for additional information.Historical Marker on site. Back in 1915 Because of unrest caused by the Mexican Revolution required a military presence on the border. Camp Mercedes was laid out just outside Mercedes city limits.
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0BEDS
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1.06ACRES
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0BATHS
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01/2 BATHS
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13,240SQFT
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$57$/SQFT
School Information
Description
A great opportunity for a multifamily portfolio consists of 16 units with onsite laundry facilities generating additional income. The sellers built these apts in 1989 and have owned them all along. The 5 buildings sit on a 1 acre (+/-) corner lot. All apts are 2 bedrooms and 1 bath, 15 apartments have all tile floors. Roofs replaced in 2019. Appliances and other equipment have been replaced as needed. Great Rental history. The property is conveniently close to schools, science academy, minutes from the Mercedes Outlet Mall. No sign. Please do not disturb the tenants. Contact Listing Agent for additional information.Historical Marker on site. Back in 1915 Because of unrest caused by the Mexican Revolution required a military presence on the border. Camp Mercedes was laid out just outside Mercedes city limits.
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: 2021-01-17T16:16:28.867.