201 Jefferson StBrownsville, TX 78520

For Sale
$195,000
High-Yield Investment: Residential & Commercial

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional mixed-use property in Brownsville, Texas, presents a compelling investment opportunity. Located at the prime corner of 201 Jefferson St., this property boasts a unique blend of residential and commercial spaces. The 1968-built residential component is a two-bedroom, one-bathroom home, partially updated three years ago, situated on a concrete cylinder foundation. Currently generating $650 per month in rental income. Adjacent to the home is a 957 square foot auto shop building constructed in 1989, featuring an office and garage, and generating $1200 per month in rental income. Further enhancing the property's income potential are additional 2,465 square feet of covered canopies with a metal roof, built in 1995. The property is zoned for both residential and commercial use, offering significant flexibility and potential for future development or rent increases. The asking price is $195,000, representing a strong return on investment given the current income stream. This "as is" sale presents a rare chance to acquire a profitable, centrally located property in the heart of Brownsville. The property's address is 201 Jefferson St., Brownsville, TX 78520.

Highlights

  • $195,000 asking price.
  • Special purpose property built in 1968.
  • Located at 201 Jefferson St, Brownsville, TX 78520.
  • Features a 2-bedroom, 1-bathroom residential unit and a 957 sq ft auto shop with 2,465 sq ft of canopies.
  • Currently generates $1,850 monthly income ($650 residential, $1,200 commercial).
  • Zoned for both residential and commercial use.

Property Details for 201 Jefferson St

Property type
Specialty properties
Year Built
1968

Location Insight

City
Brownsville
County
CAMERON
State
Texas
Latitude
25.9097342
Longitude
-97.5029189
201 Jefferson St, Brownsville, Texas

FAQs

What type of property is this?
Specialty property - High-Yield Investment: Residential & Commercial
Where is the specialty property located?
The property is located at 201 Jefferson St Brownsville, TX.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: $195,000 asking price.; Special purpose property built in 1968.; Located at 201 Jefferson St, Brownsville, TX 78520.
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201 Jefferson St
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