705 N Broadway Street Unit #FM88, Elsa, TX 78543
- $325,000
- 5,969
- SqFt
- List Price
- $325,000
- Status
- ACTIVE
- MLS#
- 502332
- Living Area
- 5,969
- Lot Size (Acres)
- 0.2927
- Year Built
- 1990
Property Description
Prime investment opportunity in the heart of downtown Elsa! This versatile mixed-use retail building is located in a high-traffic area, offering excellent visibility and accessibility for business and residential use. The property features a retail storefront with strong exposure, along with 12 rooms currently utilized as apartment-style rentals. The residential portion includes 4 bathrooms and 2 kitchens, providing functional living arrangements for tenants. Property generates apartment rental income, contributing to a total monthly income of $2,400. Great opportunity for investors seeking a centrally located, income-producing property with consistent cash flow and upside potential.
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Additional Information
- Area
- Elsa
- Subdivision
- Elsa Townsite
- Stories
- 2
- Exterior Features
- Balcony, Workshop
- Garage Spaces
- 12
- Exterior Features
- Balcony, Workshop
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Listing courtesy of Keller Williams Realty Rgv.