For Sale
$428,000

1046 Hidalgo St Mercedes, TX 78570

Brand new, four-unit apartment building in Mercedes, TX.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 1046 Hidalgo Street in Mercedes, Texas, zip code 78570. Constructed in 2023, the property comprises two duplexes situated on a generous 7,500.161 square foot lot. The building offers a mix of unit sizes, with two featuring two bedrooms and two bathrooms, and the remaining two boasting one bedroom and one bathroom. Each unit is meticulously designed with modern amenities, including wood-look tile flooring, elegant quartz countertops, and energy-efficient tankless water heaters. Additional features include a dedicated laundry area and a private backyard for each unit. All kitchen appliances are included in the sale, adding significant value to this turnkey investment. The property's prime location in Mercedes, Cameron County, Texas, ensures strong rental demand and potential for significant return on investment. This is an ideal opportunity for an investor seeking a well-maintained, high-quality multifamily property with immediate rental income potential. The asking price for this exceptional property is $428,000.

Highlights

  • Brand-new, four-unit apartment building in Mercedes, TX (78570).
  • Built in 2023, situated on a 7,500 sq ft lot.
  • Unit mix: two 2 bed/2 bath, two 1 bed/1 bath.
  • Modern amenities: wood-look tile, quartz countertops, tankless water heaters.
  • Each unit includes a private laundry and backyard; all kitchen appliances included.
  • Asking price: $428,000.

Property Details for 1046 Hidalgo St

Property type
Apartment buildings, Small apartment buildings
Year Built
2023
Buildings
2
Units
4

Location Insight

City
Mercedes
County
Cameron
State
Texas
Latitude
26.1526069
Longitude
-97.921347

FAQs

What type of property is this?
Apartment building - Brand new, four-unit apartment building in Mercedes, TX.
Where is the apartment building located?
The property is located at 1046 Hidalgo St Mercedes, TX.
What is the asking price?
The asking price for this property is $428,000.
What are key features of this property?
This property features: Brand-new, four-unit apartment building in Mercedes, TX (78570).; Built in 2023, situated on a 7,500 sq ft lot.; Unit mix: two 2 bed/2 bath, two 1 bed/1 bath.
How can I contact the broker?
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1046 Hidalgo St
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