List Price:
$620,000
MLS Number:
492422
Property Type:
Residential Income
Property Sub Type:
Multi Family
Accessibility Features:
Appliances:
Electric Water Heater, Refrigerator, Stove/Range
Application Fee:
Association Fee:
Association Fee Frequency:
Association YN:
No
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
10164
Building Area Units:
Square Feet
Carport Spaces:
0
Carport YN:
No
City:
Penitas
Community Features:
None
Construction Materials:
Brick
Cooling:
Central Air, Electric
Cooling YN:
Yes
Country:
US
County:
Hidalgo
Covered Spaces:
0
Designated Broker MUI:
1267550
Directions:
From Expressway 83 travel north on Tom Gill Rd to Diamond Ave, then turn left onto Diamond Ave.
Elementary School:
JFK
Elementary School District:
La Joya ISD
Exterior Features:
None
Fencing:
Chain Link
Fireplace YN:
Flooring:
Tile
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Heating:
Central, Electric
Heating YN:
Yes
High School:
La Joya H.S.
High School District:
La Joya ISD
Interior Features:
Ceiling Fan(s)
Laundry Features:
Laundry Area
Lease Term:
Leased Rent Share:
Living Area Source:
Seller Measured
Living Area SqFt:
10164
Living Area Units:
Square Feet
Lot Features:
Lot Size Acres:
1.0049
Lot Size SqFt :
43773.0084
Maintenance Expense:
$2,760
Middle School:
Chavez
Middle School District:
La Joya ISD
New Construction YN:
No
Number Of Buildings:
1
Number Of Units In Community:
8
Number Of Units Total:
8
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$1,584
Other Structures:
Outbuilding (None)
Own Lot YN:
Parking Features:
No Garage, Other Garage or Carport
Parking Total:
0
Patio And Porch Features:
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78576
Property Attached YN:
Public Remarks:
Attention All Investors!
Incredible investment opportunity to own a fully occupied/rented 8-plex! Located just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all currently occupied (leased), ensuring immediate cash flow.
Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is the perfect choice.
Hurry and take advantage of this fantastic opportunity before it's gone!
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Shingle
Room Office Area:
Rooms Total:
Security Features:
Smoke Detector(s)
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
Street Dir Suffix:
Street Name:
Diamond
Street Number:
1502
Street Suffix:
Avenue
Subdivision:
Anadal
Tax Annual Amount:
$19,693
Tax Year:
2023
Utilities:
Water Source:
Public
Window Features:
Energy Features (Double Pane Windows)
Year Built:
2003
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