1921 Main Avenue, Mission, TX 78573

$1,078,000
8,296
SqFt

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List Price
$1,078,000
Price Change
▼ $1,000 1787088906
Status
ACTIVE
MLS#
500852
Living Area
8,296
Lot Size (Acres)
0.8623000000000001
Year Built
2003

Property Description

This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitchen appliances, making this a turnkey property. Conveniently located at 1921 Maine Ave, Mission, TX, in a high-demand rental area, this property is ideal for investors seeking a low-maintenance, income-generating asset. Fully leased properties like this are rare in the market, so act quickly.

Additional Information

Area
Mission
Subdivision
Inspiration Heights
Stories
1
Interior Features
Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s)
Exterior Features
None
Amenities
None
Exterior Features
None
Heating
Central
School District
Mission ISD
Elementary School
Waitz
Middle School
Mercedes Junior High
High School
Memorial H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Re/Max Elite.