1409 Prosperity Drive, Edinburg, TX 78541

$340,000
3,808
SqFt

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List Price
$340,000
Status
ACTIVE
Price Change
▼ $15,000 1784233546
MLS#
503955
Year Built
2003
Living Area
3,808
Lot Size
9,662
Acres
0.22
Subdivision
Queen's Ridge Estates
MLS Area Major
Edinburg

Property Description

Fully leased fourplex investment opportunity in Edinburg, offered at $340,000. Property features four spacious 2-bedroom, 2-bath units with approx. 952 sq. ft. each and a current total rent roll of $3,105/month, or $37,260 annually in gross scheduled rent. Units offer tile flooring, central A/C, ceiling fans, washer/dryer connections, kitchen appliances, and functional open-concept layouts with decorative tray ceilings. Property also includes ample covered parking and separate utility setups. Located in Queens Ridge Estates with convenient access to UTRGV, I-69C/Expressway 281, shopping, dining, schools, and the Hidalgo County Courthouse. A strong opportunity for an investor seeking a fully leased multifamily asset with established rental income in Edinburg.

Additional Information

Amenities
Sidewalks, Street Lights
Interior Features
Ceiling Fan(s)
Exterior Features
Mature Trees
Taxes
$8,377
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Heating
Central
Air Conditioning
Central Air
Stories
1
Foundation
Slab
Parking Features
Garage Faces Rear
School District
Edinburg ISD
Elementary School
Truman
Middle School
B.L. Garza
High School
Edinburg North H.S.

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Listing courtesy of Rebeca Bermudez with Tnt Real Estate