8014 N Lopez Street, Rio Grande City, TX 78582

$146,900
3,159
SqFt

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List Price
$146,900
Status
ACTIVE
MLS#
506602
Living Area
3,159
Lot Size (Acres)
0.11560000000000001
Year Built
1995

Property Description

Investor special in Rio Grande City! This 4-plex offers 3,159 sq ft of gross building area per appraisal and is priced at only $146,900, making it a hard-to-find 4-unit opportunity at this price point. Currently 2 of 4 units are rented, giving the next owner existing income while leaving room to improve, stabilize, and reposition the property. The property needs repairs and updating, but the price reflects the condition and creates a compelling value-add opportunity. Features include multiple unit sizes, tile flooring, covered porch/patio areas, paved access, and a chain-link fenced lot. Bring your vision and turn this multifamily property into a stronger income-producing asset. Sold as is.

Additional Information

Area
Rio Grande City
Subdivision
Colonia Share 52 & Colonia Ab-130
Stories
2
Interior Features
Ceiling Fan(s)
Exterior Features
None
Amenities
Street Lights
Exterior Features
None
Heating
Electric
School District
Rio Grande ISD
Elementary School
Ringgold
Middle School
Ringgold
High School
Rio Grande City H.S.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tnt Real Estate.