For Sale
$389,900

301 Rdg AvePharr, TX 78577

Four-unit apartment building, excellent income.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 301 S Ridge Avenue, Pharr, Texas, 78577. The property, built in 2006, sits on a substantial 11,464.99 square foot lot and comprises two buildings. Each of the four units boasts two bedrooms and two bathrooms, providing comfortable living spaces for tenants. All units are currently occupied, generating immediate rental income for the new owner. The property's strong occupancy rate speaks to its desirability and potential for continued profitability. Each unit is equipped with essential appliances, including a refrigerator, stove, washer, and dryer, adding to its tenant appeal and minimizing maintenance concerns. This turnkey investment is ideal for those seeking a stable, income-producing asset in a growing market. The property's location in Pharr, Hidalgo County, offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily property with significant potential for long-term growth and return on investment. The asking price is $389,900.

Highlights

  • $389,900 asking price.
  • Multifamily property, specifically a four-unit apartment building (duplex/triplex/quadruplex).
  • Four units, each with two bedrooms and two bathrooms.
  • Built in 2006, with two buildings on an 11,464 sq ft lot.
  • Located at 301 S Ridge Avenue, Pharr, TX 78577.

Property Details for 301 Rdg Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2006
Buildings
2
Units
4

Location Insight

City
Pharr
County
Hidalgo
State
Texas

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301 Rdg Ave
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