118 Brazil Avenue, Hidalgo, TX 78557
- $495,000
- 5,600
- SqFt
- List Price
- $495,000
- Status
- ACTIVE
- MLS#
- 494412
- Living Area
- 5,600
- Lot Size (Acres)
- 0.28
- Year Built
- 2007
Property Description
Well-maintained two-story, 6-unit apartment complex located in Hidalgo, Texas, just minutes from International Boulevard, the expressway, shopping, dining, and the McAllen/Hidalgo International Bridge. The property consists of six 2-bedroom, 1-bath units, all in great condition, with several apartments updated over time and multiple HVAC systems recently replaced, helping reduce near-term capital expenses. Units feature tile flooring, washer/dryer connections, and appliances included. The property is individually metered for electric and water (6 electric meters and 6 water meters), serviced by city sewer and public water, and situated on a paved street within an established residential area with sidewalks. Rents currently vary and offer clear potential for optimization over time, making this an attractive opportunity for investors seeking stable income with built-in upside in a strong rental market.
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Additional Information
- Area
- Hidalgo
- Subdivision
- Pate's Addition
- Taxes
- $9,538
- Stories
- 2
- Interior Features
- Ceiling Fan(s)
- Amenities
- Sidewalks, Street Lights
- Exterior Features
- None
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- Valley View ISD
- Elementary School
- Valley View
- Middle School
- Valley View Junior High
- High School
- Valley View H.S.
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Listing courtesy of Leslie J. De Leon with Abolengo Properties Llc