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Listed by Keller Williams Realty RGV
$325,000
5,969 SqFt
Active
705 N Broadway ST #FM88 Elsa, TX 78543
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,969 sqft
Subdivision Elsa Townsite
MLS Listing ID 502332
HOA Y/N No
Year Built 1990
Annual Tax Amount $5,292
Tax Year 2025
Lot Size 0.293 Acres
Acres 0.2927
Property Sub-Type Commercial
Source Greater McAllen
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.
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.
Location
State TX
County Hidalgo
Rooms
Other Rooms Storage
Interior
Cooling Window Unit(s)
Flooring Concrete
Appliance Electric Water Heater
Exterior
Exterior Feature Balcony, Workshop
Garage Spaces 12.0
Carport Spaces 2
View Y/N No
Roof Type Flat,Metal
Total Parking Spaces 14
Garage Yes
Building
Lot Description Downtown
Faces East on 107 , Turn N on Broadway. Property will be on W side.
Story 2
Structure Type Solid Masonry
New Construction No
Others
Tax ID E540000018001300
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