1921 Main Avenue, Mission, TX 78573
- $1,078,000
- 8,296
- SqFt
- List Price
- $1,078,000
- Status
- ACTIVE
- Price Change
- ▼ $1,000 1787088906
- MLS#
- 500852
- Year Built
- 2003
- Living Area
- 8,296
- Lot Size
- 37,561
- Acres
- 0.86
- Subdivision
- Inspiration Heights
- MLS Area Major
- Mission
Property Description
This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitchen appliances, making this a turnkey property. Conveniently located at 1921 Maine Ave, Mission, TX, in a high-demand rental area, this property is ideal for investors seeking a low-maintenance, income-generating asset. Fully leased properties like this are rare in the market, so act quickly.
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Additional Information
- Amenities
- None
- Interior Features
- Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s)
- Exterior Features
- None
- Taxes
- $20,254
- Appliances
- Electric Water Heater, Other
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 1
- Foundation
- Slab
- Parking Features
- No Carport, No Garage
- School District
- Mission ISD
- Elementary School
- Waitz
- Middle School
- Mercedes Junior High
- High School
- Memorial H.S.
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Listing courtesy of Tania J. Salinas with Re/Max Elite