1046 Hidalgo StMercedes, TX 78570

Property Details for 1046 Hidalgo St

Year built

2023

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 1046 Hidalgo Street in Mercedes, Texas, zip code 78570. Constructed in 2023, the property comprises two duplexes situated on a generous 7,500.161 square foot lot. The building offers a mix of unit sizes, with two featuring two bedrooms and two bathrooms, and the remaining two boasting one bedroom and one bathroom. Each unit is meticulously designed with modern amenities, including wood-look tile flooring, elegant quartz countertops, and energy-efficient tankless water heaters. Additional features include a dedicated laundry area and a private backyard for each unit. All kitchen appliances are included in the sale, adding significant value to this turnkey investment. The property's prime location in Mercedes, Cameron County, Texas, ensures strong rental demand and potential for significant return on investment. This is an ideal opportunity for an investor seeking a well-maintained, high-quality multifamily property with immediate rental income potential. The asking price for this exceptional property is $428,000.

Location Insight

City

Mercedes

County

Cameron

State

Texas

Latitude

26.1526

Longitude

-97.9213

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