For Sale
$559,000

1001 Clarence StEdinburg, TX 78539

Brand New Fourplex, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2023-built fourplex at 1001 Clarence Street, Edinburg, TX 78539, presents a lucrative investment opportunity. Boasting a substantial 4,216 square feet across two buildings situated on an 8,799 square foot lot, this property offers four spacious units. Currently, three units are leased, providing immediate cash flow, while one unit is available for short-term rentals, such as Airbnb, maximizing rental income potential. Its prime location offers easy access to the University of Texas Rio Grande Valley (UTRGV), ensuring high demand and consistent occupancy. The property's size is noteworthy, making it one of the largest fourplexes in the area. This turnkey investment is ready for immediate income generation and offers a strong return on investment. The property is easily shown, facilitating a swift and efficient transaction. This is a rare opportunity to acquire a newly constructed, high-demand multifamily property in a thriving Texas market. The property's modern construction and desirable location combine to create a compelling investment proposition for discerning buyers. Don't miss this chance to secure a profitable and low-maintenance income-generating asset.

Property Details for 1001 Clarence St

Property type
Apartment buildings, Small apartment buildings
Square Feet
4,216 SF
Year Built
2023
Buildings
2
Units
4

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.268255
Longitude
-98.1884949
1001 Clarence St, Edinburg, Texas

FAQs

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1001 Clarence St
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