1409 Prosperity Drive

Edinburg, TX 78541

$340,000

Beds: N/A
Baths: N/A
Square feet: 3,808
Lot: 0.22 acres
Year built: 2003
Type: Multi-family
Status: For Sale
MLS #: 503955

Mortgage estimate

$2,543/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

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Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

Fully leased fourplex investment opportunity in Edinburg, offered at $340,000. Property features four spacious 2-bedroom, 2-bath units with approx. 952 sq. ft. each and a current total rent roll of $3,105/month, or $37,260 annually in gross scheduled rent. Units offer tile flooring, central A/C, ceiling fans, washer/dryer connections, kitchen appliances, and functional open-concept layouts with decorative tray ceilings. Property also includes ample covered parking and separate utility setups. Located in Queens Ridge Estates with convenient access to UTRGV, I-69C/Expressway 281, shopping, dining, schools, and the Hidalgo County Courthouse. A strong opportunity for an investor seeking a fully leased multifamily asset with established rental income in Edinburg.

Features

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