220 W 5th Street, Weslaco, TX 78596

$245,000
3,318
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$245,000
Status
ACTIVE
Price Change
▼ $20,000 1784763049
MLS#
464221
Year Built
1948
Living Area
3,318
Lot Size
6,249
Acres
0.14
Subdivision
Weslaco Original Townsite
MLS Area Major
Weslaco

Property Description

Great Deal! 6-unit income-producing property in the heart of Weslaco offered at a compelling price point. The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today’s renters along with additional upside potential through continued improvements. Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants. Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential. Showings are by appointment only due to occupancy.

Additional Information

Amenities
Curbs, Sidewalks, Street Lights
Interior Features
Ceiling Fan(s)
Exterior Features
Mature Trees
Taxes
$4,934
Appliances
Electric Water Heater, Tankless Water Heater, Refrigerator, Stove/Range
Heating
Central
Air Conditioning
Central Air, Window Unit(s)
Stories
2
Foundation
Pillar/Post/Pier, Slab
Parking Features
No Carport, No Garage
School District
Weslaco ISD
Elementary School
Airport Dr.
Middle School
Central
High School
Weslaco H.S.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rebeca Bermudez with Tnt Real Estate