1802 Norma LnEdinburg, TX 78539

Property Details for 1802 Norma Ln

Year built

1984

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Edinburg

County

Hidalgo

State

Texas

Latitude

26.2861

Longitude

-98.1835

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