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428 W Lovett

Edinburg, TX 78539
  • $350,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 396046
UPDATED: 29 min ago
$350,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,706
    SQFT
  • $129
    $/SQFT
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

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

Description

3 homes on a large corner lot. Great rental income, all are now on month to month, market would allow increases from the current rate, two blocks from UTRGV. Land has great potential for building an apartment complex. Great investment. Seller will owner finance. Terms are: $100,000 down minimum, 10% interest, 15 year amortization, 5 year balloon. 2nd bedroom of unit two is occupied by a hospice patient/member of tenant family. Picture not taken for this reason.

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© 2023 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: 2023-03-25T12:16:52.727.
www.imperiohomes.com/homes/135730389
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428 W Lovett Edinburg, TX 78539

  • Price: $350,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 29 min ago
  • MLS #: 396046
0
Beds
0
Baths
0
½ Baths
0.33
Acres
2,706
SQFT
$129
$/SQFT
1984
Built
Neighborhood:
Edinburg Original Townsite
County:
Hidalgo
Area:
Edinburg
Elementary School:
Austin
Middle School:
B.L. Garza
High School:
Edinburg North H.S.
School District:
Edinburg ISD
Property Description
3 homes on a large corner lot. Great rental income, all are now on month to month, market would allow increases from the current rate, two blocks from UTRGV. Land has great potential for building an apartment complex. Great investment. Seller will owner finance. Terms are: $100,000 down minimum, 10% interest, 15 year amortization, 5 year balloon. 2nd bedroom of unit two is occupied by a hospice patient/member of tenant family. Picture not taken for this reason.
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Frame/Wood Covered Spaces 0 Exterior Features Mature Trees Fencing PrivacyWood Foundation Details Crawl Space Garage YN No Lot Features Corner LotMature TreesSidewalks Other Structures Outbuilding (None) Parking Features Other Garage Or Carport Parking Total 0 Pool YN No Road Surface Type Paved Roof Composition Shingle

Interior Features

Appliances Electric Water HeaterNo Conveying Appliances Cooling Central AirElectric Cooling YN Yes Flooring Other Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(S)Decorative/High Ceilings Laundry Features Laundry Area

Property Features

Association YN No Community Features CurbsSidewalksStreet Lights Green Energy Efficient None Maintenance Expense 0 Other Expense 0 Property Sub Type Multi Family Sewer City Sewer Tax Annual Amount 4067 Tax Year 2023 Water Source Public

Listing by Flo Prater of Rio Valley Realty: 956-687-7653.
© 2023 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: 2023-03-25T12:16:52.727.
 
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