225-233 4Th StLa Joya, TX 78560

Property Details for 225-233 4Th St

Year built

1985

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional multifamily investment opportunity in La Joya, Texas, presents a compelling chance to acquire a six-unit apartment building situated on a substantial 19,185.13 square foot lot. Built in 1985, the property comprises six individual buildings, each housing a single apartment unit. The asking price is $520,000. While five units are ready for immediate occupancy, one unit requires interior renovations, offering a savvy investor the chance to increase property value through strategic improvements and customization. This presents a unique opportunity to boost rental income and overall return on investment. The property's location in the heart of La Joya provides convenient access to local amenities and a thriving community. This listing encompasses three combined properties (MLS# 450205, MLS# 450231, MLS# 450239), which are also available for individual purchase. The property's size and layout make it ideal for both investors seeking to expand their portfolio and owner-occupants looking to generate rental income while enjoying the convenience of on-site living. This is a rare opportunity to acquire a multifamily property in a growing Texas market. The property is located at 225-233 W 4th Street, La Joya, TX 78560.

Location Insight

City

La Joya

County

Hidalgo

State

Texas

Latitude

26.2447

Longitude

-98.4832

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