817 Michigan StAlton, TX 78573

Property Details for 817 Michigan St

Year built

2009

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a four-unit apartment building located at 817 S Michigan Street, Alton, TX 78573, within Hidalgo County. Built in 2009, this single-building property sits on a substantial 9,199.87 square foot lot. The property is currently offered for sale by owner at $4,675,000. Each of the four units boasts two bedrooms and one and a half bathrooms, providing comfortable living spaces for tenants. Further enhancing tenant appeal are two assigned covered parking spaces per unit and a generous private backyard for each. The property's strong rental income potential is underscored by its solid construction and desirable features. This multifamily investment is ideally suited for discerning investors seeking a well-maintained, income-generating asset in a growing Texas market. The property's location in Alton, TX offers convenient access to local amenities and services, contributing to its overall attractiveness and potential for long-term appreciation. This is a turnkey opportunity to acquire a profitable multifamily property with immediate income generation. The property's details are readily available upon request.

Location Insight

City

Alton

County

Hidalgo

State

Texas

Latitude

26.2808

Longitude

-98.3276

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