For Sale
$305,000

803 24Th StMission, TX 78572

Four-unit apartment building, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully leased four-unit apartment building located at 803 W 24th Street, Mission, Texas, 78572. Built in 1987, this property sits on a generous 7,802 square foot lot and offers a total of 2,640 square feet of living space, with each unit boasting 660 square feet. The building comprises one structure and features four individual units, each configured as a one-bedroom, one-bathroom apartment. Each unit includes a living room, kitchen, bedroom, and bathroom, complemented by ample built-in storage. The property is currently generating income with month-to-month tenants. Practical features include individual water and electric meters for each unit, along with eight convenient carport parking spaces. This property's location makes it ideal for long-term rental income or short-term rentals such as Airbnb. The asking price for this turnkey investment is $305,000. This represents a strong value proposition in the Mission, Texas market. The property's size, unit configuration, and existing tenant occupancy make it an attractive option for investors seeking immediate cash flow and long-term appreciation potential.

Highlights

  • Fully leased four-unit apartment building in Mission, TX.
  • Located at 803 W 24th Street, on a 7,802 sq ft lot.
  • 2,640 sq ft total living space; four 660 sq ft, one-bedroom/one-bathroom units.
  • Eight carport parking spaces and individual utility meters.
  • Asking price: $305,000.

Property Details for 803 24Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1987
Buildings
1
Units
4

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.1988865
Longitude
-98.3745717
803 24Th St, Mission, Texas

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803 24Th St
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