Description
Property has 1- 4-Plex built in 2004 about 3030 sq.ft, it has 5 small frame home's on the property lined up on the south side of the 1.90 acres.Originally the Sellers were going to build more 4-plex units on the east side of the exciting 4-plex then remove the South side frame home's and build 4- 4-plex's, but time went so fast they have decided just to sell the old complex's with 1.90 acres located on a very Center of Edinburg, Texas on 12th st. Close to H.E.B. Store, New Court House being build also nearby. Elementary School just north of Complex.Look at the Math on it. Price the 4-plex at $250K you have 7 lot left to build more 4 plex's at cost of $575,500.00 per Lot.Great opportunity for Investors doing 4-plexs . Today Lots are going for $75-95,000.00 per Lot outside Down Town.Need to see a value the Potential to build more new 4-plex's on this 1.90 acre. Very unique for Investors looking to build new 4-plex's.
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0BEDS
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1.9ACRES
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0BATHS
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01/2 BATHS
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3,030SQFT
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$215$/SQFT
School Information
Description
Property has 1- 4-Plex built in 2004 about 3030 sq.ft, it has 5 small frame home's on the property lined up on the south side of the 1.90 acres.Originally the Sellers were going to build more 4-plex units on the east side of the exciting 4-plex then remove the South side frame home's and build 4- 4-plex's, but time went so fast they have decided just to sell the old complex's with 1.90 acres located on a very Center of Edinburg, Texas on 12th st. Close to H.E.B. Store, New Court House being build also nearby. Elementary School just north of Complex.Look at the Math on it. Price the 4-plex at $250K you have 7 lot left to build more 4 plex's at cost of $575,500.00 per Lot.Great opportunity for Investors doing 4-plexs . Today Lots are going for $75-95,000.00 per Lot outside Down Town.Need to see a value the Potential to build more new 4-plex's on this 1.90 acre. Very unique for Investors looking to build new 4-plex's.
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 The MBTeam. Data last updated: 2021-04-13T14:16:32.183.