For Sale
$395,000

1021 Cano St Edinburg, TX 78539

Three-unit, newly built apartment complex.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a newly constructed three-unit apartment building situated on a sizable 7,099.84 square foot corner lot in the vibrant city of Edinburg, Texas. Built in 2022, this triplex offers three identical units, each boasting two bedrooms and two bathrooms, all finished with modern amenities. The property's strategic location places it within convenient walking distance of the University and in close proximity to a wide array of restaurants, shopping centers, and the Hidalgo County Courthouse. This prime location ensures high occupancy rates and strong rental income potential. All three units are currently occupied, providing immediate cash flow for the investor. It is important to note that this property must be purchased in conjunction with two additional properties located at 1126 W. Cano St. and 1009 W. Cano St., both in Edinburg, TX. This combined purchase presents a significant portfolio opportunity for a discerning investor seeking a substantial return in a thriving Texas market. The asking price for this specific triplex is $395,000. This is a turnkey investment ready to generate income from day one. Don't miss this chance to acquire a highly desirable multifamily property in a rapidly growing area.

Property Details for 1021 Cano St

Property type
Apartment buildings, Small apartment buildings
Year Built
2022
Buildings
1
Units
3

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.268255
Longitude
-98.1884949

FAQs

What type of property is this?
Apartment building - Three-unit, newly built apartment complex.
Where is the apartment building located?
The property is located at 1021 Cano St Edinburg, TX.
What is the asking price?
The asking price for this property is $395,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1021 Cano St
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