For Sale
$463,000

1802 Norma Ln Edinburg, TX 78539

Four-unit apartment complex, recently remodeled.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a recently remodeled four-unit apartment complex located at 1802 Norma Lane, Edinburg, Texas, 78539. The property, built in 1984, sits on a spacious 15,459 square foot lot and comprises two buildings. Each of the four units has undergone a complete transformation, boasting brand new kitchens equipped with modern cabinets, countertops, and stainless steel appliances. Bathrooms feature sleek new fixtures and elegant tiling. The entire property showcases freshly painted exteriors, lush landscaping, and updated interiors with new flooring and paint throughout. Significant improvements include completely new plumbing, electrical, and air conditioning systems, ensuring both efficiency and peace of mind for the owner. The property's location in a serene Edinburg neighborhood offers a desirable living environment for tenants. This turnkey investment is priced at $463,000 and presents a strong potential for immediate rental income and long-term appreciation. The property is classified as a multifamily, apartment building, and duplex/triplex/quadruplex. This is a rare opportunity to acquire a meticulously maintained and upgraded multifamily property in a thriving Texas market. The property's size and features make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture.

Highlights

  • Recently remodeled four-unit apartment complex in Edinburg, TX.
  • Situated on a 15,459 sq ft lot with two buildings.
  • Features four units with brand new kitchens, bathrooms, flooring, and paint.
  • Completely updated plumbing, electrical, and HVAC systems.
  • Priced at $463,000, offering strong rental income potential.

Property Details for 1802 Norma Ln

Property type
Apartment buildings, Small apartment buildings
Year Built
1984
Buildings
2
Units
4

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.2860789
Longitude
-98.1834936

FAQs

What type of property is this?
Apartment building - Four-unit apartment complex, recently remodeled.
Where is the apartment building located?
The property is located at 1802 Norma Ln Edinburg, TX.
What is the asking price?
The asking price for this property is $463,000.
What are key features of this property?
This property features: Recently remodeled four-unit apartment complex in Edinburg, TX.; Situated on a 15,459 sq ft lot with two buildings.; Features four units with brand new kitchens, bathrooms, flooring, and paint.
How can I contact the broker?
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1802 Norma Ln
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