For Sale
$295,000

2821 Charlotte DrPharr, TX 78577

Three-unit apartment building, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional three-unit apartment building located at 2821 Charlotte Drive, Pharr, Texas, presents a compelling investment opportunity. Situated on a spacious 9,399.81 square foot lot within a gated community boasting a pool and golf course, this property offers stunning golf course views. The building, constructed in 1983, comprises a total of 3,220 square feet and features three individual units currently generating rental income. Unit rental rates are currently $1000, $1000, and $700 respectively. While the property presents an excellent income stream, prospective buyers should be aware that some renovations and repairs may be necessary. The property's location in Pharr, Hidalgo County, Texas (zip code 78577) provides convenient access to local amenities and services. This is a rare chance to acquire a multifamily property in a desirable location with significant upside potential. The asking price for this turnkey investment is $295,000. Serious inquiries are encouraged. Coordinates: 26.161706, -98.1874262.

Highlights

  • Three-unit apartment building in desirable Pharr, TX location.
  • Situated on a 9,399.81 sq ft lot in a gated community with pool and golf course views.
  • 3,220 sq ft building constructed in 1983, generating current rental income of $2,700/month ($1000, $1000, $700).
  • Property requires some renovations and repairs.
  • Asking price: $295,000.

Property Details for 2821 Charlotte Dr

Property type
Apartment buildings, Small apartment buildings
Square Feet
3,220 SF
Year Built
1983
Buildings
1
Units
3

Location Insight

City
Pharr
County
Hidalgo
State
Texas
Latitude
26.161706
Longitude
-98.1874262
2821 Charlotte Dr, Pharr, Texas

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2821 Charlotte Dr
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