212 2Nd StLa Joya, TX 78560

For Sale
$285,000

Four-unit apartment building, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a four-unit apartment building situated on a sizable 6,899 square foot lot in La Joya, Texas. The property, located at 212 2nd Street, 78560, boasts two buildings constructed in 1992. The complex comprises four units, each offering two bedrooms and one bathroom. These spacious units are currently renting below market value, presenting a significant opportunity for immediate cash flow increase and long-term appreciation. The property's convenient location near major highways and highly-rated schools enhances its appeal to tenants, ensuring consistent occupancy. This brick fourplex is an ideal investment for those seeking a stable, income-generating asset in a desirable Texas location. The property's current rental rates offer immediate upside potential, making it an attractive option for both seasoned and novice investors. The two-building structure provides flexibility and potential for future expansion or renovation. Don't miss this chance to acquire a well-maintained, high-potential multifamily property in a thriving market. The asking price is $285,000.

Highlights

  • $285,000 asking price.
  • Four-unit multifamily apartment building.
  • Two buildings on a 6,899 sq ft lot.
  • Built in 1992.
  • Located at 212 2nd Street, La Joya, TX 78560.

Property Details for 212 2Nd St

Property type
Multifamily properties, Apartment buildings
Year Built
1992
Buildings
2
Units
4

Location Insight

City
La Joya
County
Hidalgo
State
Texas
Latitude
26.2468801
Longitude
-98.4821388
212 2Nd St, La Joya, Texas

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212 2Nd St
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