2210 W Elisa Lane, Edinburg, TEXAS 78541

$1,550,000
18,000
SqFt
List Price
$1,550,000
Status
ACTIVE
MLS#
346429
Living Area
18,000
Lot Size (Acres)
0.73209
Year Built
1995

Property Description

BRAND NEW ON THE MARKET! This property already making over $12,000 a month, with 6 expired contracts that need rent increase, easily achieve $15,000 in income before end of 2021! Each unit is 2 Bed 2 Bath Individually Water and Light Metered! Superb location walking distance from UTRGV off Jackson North side of University Drive. Priced to sell! Take advantage of this Owner-Managed property kept in great condition and with so much potential for income, market appreciation, cash flow and long term low interest financing by your lender! Seller agreed to lease all new rentals at $750 or more. Long term and steady tenants year round with low vacancies. Docs show current income and expenses. No Profit and Loss or financial statements available. Rent Roll Available. Units include appliances including washer and dryer. Spacious units at aprox 950 SF. Looking for great location, income potential and future appreciation? THIS IS YOUR CHANCE!

Additional Information

Area
Edinburg
Subdivision
Las Violetas
Taxes
$22,851
Stories
2
Interior Features
Cable TV, Ceiling Fans, Dryer, Smoke Alarm(s), Washer, Washer/Dryer Connection
Amenities
Other
Exterior Features
Other
School District
Edinburg Isd
Elementary School
Truman
Middle School
B.L. Garza
High School
Edinburg North H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of First Choice Realty.