1319 N First St, Harlingen, TX 78550

$395,000
1,926
SqFt

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List Price
$395,000
Status
ACTIVE
MLS#
29779049
Living Area
1,926
Lot Size (Acres)
0.48
Year Built
1961

Property Description

Investment opportunity in Harlingen! This 8-unit multifamily property offers an established income stream with significant value-add potential. The property consists of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Current rents vary across similar units, creating an opportunity for an investor to improve income as units turn over and rents are brought closer to market levels. With eight units already in place and producing income, this property offers an attractive opportunity for an investor looking to expand their multifamily portfolio in Harlingen. Conveniently located near shopping, restaurants, schools, and major thoroughfares.

Additional Information

Area
Harlingen
Subdivision
Cowart, O A
Flooring
Tile
School District
Harlingen C.I.S.D.
Elementary School
Zavala
Middle School
Memorial
High School
Harlingen

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Calculator source: Real Geeks

Listing courtesy of V.I.P. REALTY.