225-233 4Th StLa Joya, TX 78560

For Sale
$520,000

Six-unit apartment building, high rental potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional multifamily investment opportunity in La Joya, Texas, presents a compelling chance to acquire a six-unit apartment building situated on a substantial 19,185.13 square foot lot. Built in 1985, the property comprises six individual buildings, each housing a single apartment unit. The asking price is $520,000. While five units are ready for immediate occupancy, one unit requires interior renovations, offering a savvy investor the chance to increase property value through strategic improvements and customization. This presents a unique opportunity to boost rental income and overall return on investment. The property's location in the heart of La Joya provides convenient access to local amenities and a thriving community. This listing encompasses three combined properties (MLS# 450205, MLS# 450231, MLS# 450239), which are also available for individual purchase. The property's size and layout make it ideal for both investors seeking to expand their portfolio and owner-occupants looking to generate rental income while enjoying the convenience of on-site living. This is a rare opportunity to acquire a multifamily property in a growing Texas market. The property is located at 225-233 W 4th Street, La Joya, TX 78560.

Highlights

  • Six-unit apartment building in La Joya, TX on a 19,185.13 sq ft lot.
  • Asking price: $520,000.
  • Five units currently occupied, one unit needs interior renovations.
  • Located at 225-233 W 4th Street, La Joya, TX 78560.
  • Comprises three combined properties (MLS# 450205, MLS# 450231, MLS# 450239), also available individually.

Property Details for 225-233 4Th St

Property type
Multifamily properties, Apartment buildings
Year Built
1985
Buildings
6
Units
6

Location Insight

City
La Joya
County
Hidalgo
State
Texas
Latitude
26.2446915
Longitude
-98.4831533
225-233 4Th St, La Joya, Texas

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225-233 4Th St
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