3117 S Spanish Palms DR Pending

Mercedes,TX 78570

$ 199000

- Bed

- Bath

5252 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,252 sqft

Price per Sqft $37

Subdivision Spanish Palms

MLS Listing ID 443405

HOA Y/N No

Originating Board Greater McAllen

Year Built 1998

Annual Tax Amount $6,686

Tax Year 2024

Lot Size 0.518 Acres

Acres 0.5176

Property Description

Great Investment Property in Mercedes, TX! This 5 Unit Apartment Complex is the perfect fixer upper for any investor looking to maximize their cash flow portfolio! All units ara vacant as the interior of the property needs remodeling. Property already counts with a full roof replacement done in May 2024! Apartment Complex features 2 units composed of 3 bedrooms/2 baths & 3 units of 2 bedrooms/2 baths. Don't miss an opportunity to create a cash flowing asset for yourself!

Location

State TX

County Hidalgo

Community Curbs

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s),Decorative/High Ceilings

Heating Central,Other HVAC

Cooling Central Air,Other HVAC

Flooring Other,Tile

Appliance Electric Water Heater,Water Heater (Other Location),No Conveying Appliances

Laundry Laundry Area,Washer/Dryer Connection

Exterior

Exterior Feature None

Carport Spaces 8

Fence Chain Link,Other,Privacy

Community Features Curbs

Waterfront No

View Y/N No

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Faces Driving North on Mile Three Rd W, once you pass Mile 13 N Rd, Turn West (Left) on Spanish Palms, property will be to your right.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Block,Stucco

New Construction No

Schools

Elementary Schools Santiago

Middle Schools Ybarra

High Schools Edcouch-Elsa H.S.

Others

Tax ID S531000002000300

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