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105 E 10th

Mercedes, TX 78570
  • $1,100,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 379800
Price Reduced
UPDATED: 48 min ago
$1,100,000
  • 0
    BEDS
  • 1.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,880
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1989
County:
Area:

School Information

Elementary School:
Jfk
Middle School:
High School:
School District:

Description

A great time to add a multifamily 16 units with onsite laundry facilities generating additional income to your portfolio. The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof shingles were replaced in 2019, and 15 apartments have tile flooring. Appliances are replaced as needed. Great Rental History. The property is conveniently close to schools, and a science academy, minutes from the Mercedes Outlet Mall. Contact the listing agent for additional information. Note: Historical Marker on site. Back in 1915 because unrest caused by the Mexican Revolution required a military presence on the border. Camp Mercedes was laid out just outside Mercedes city limits.

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© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Imperio Real Estate. Data last updated: 2022-05-22T18:16:32.72.
www.imperiohomes.com/homes/127483484
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105 E 10th Mercedes, TX 78570

  • Price: $1,100,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 48 min ago
  • MLS #: 379800
0
Beds
0
Baths
0
½ Baths
1.06
Acres
12,880
SQFT
$85
$/SQFT
1989
Built
Neighborhood:
East Mercedes
County:
Hidalgo
Area:
Mercedes
Elementary School:
Jfk
Middle School:
Harwell
High School:
Mercedes H.S.
School District:
Mercedes ISD
Property Description
A great time to add a multifamily 16 units with onsite laundry facilities generating additional income to your portfolio. The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof shingles were replaced in 2019, and 15 apartments have tile flooring. Appliances are replaced as needed. Great Rental History. The property is conveniently close to schools, and a science academy, minutes from the Mercedes Outlet Mall. Contact the listing agent for additional information. Note: Historical Marker on site. Back in 1915 because unrest caused by the Mexican Revolution required a military presence on the border. Camp Mercedes was laid out just outside Mercedes city limits.
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials BrickSidingWood Siding Covered Spaces 0 Exterior Features BalconyMature Trees Fencing LandscapedNone Foundation Details Slab Garage YN No Lot Features Corner LotCurb & GuttersMature TreesSidewalks Other Structures Laundry Facility Parking Features No CarportNo Garage Parking Total 0 Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterGas Water HeaterRefrigeratorStove/Range-Electric Coil Cooling Central AirElectric Cooling YN Yes Flooring Porcelain Tile Interior Features Split Bedrooms Laundry Features Laundry Room

Property Features

Association YN No Community Features CurbsSidewalksStreet Lights Green Energy Efficient None Maintenance Expense 6000 Other Expense 4320 Property Sub Type Apartment Complex Security Features Smoke Detector(S) Sewer City Sewer Tax Annual Amount 17721 Tax Year 2021 Water Source Public

Listing by Rebecca Taylor of Acero Real Estate Experts Llc.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Imperio Real Estate. Data last updated: 2022-05-22T18:16:32.72.
 
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Imperio Real Estate
2516 Buddy Owens Blvd
McAllen TX, 78504