1801 Midlane Dr, Harlingen, TX 78552
1801 Midlane Dr, Harlingen, TX 78552
1801 Midlane Dr, Harlingen, TX 78552
32
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Listed by The Agency Austin Myra Garcia
$813,000
Est. payment /mo
12 Beds
12 Baths
5,880 SqFt
Active

1801 Midlane Dr Harlingen, TX 78552

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,880 sqft

Price per Sqft $138

MLS Listing ID 106814

Bedrooms 12

Full Baths 12

Year Built 2003

Annual Tax Amount $8,541

Tax Year 2005

Lot Size 0.840 Acres

Property Sub-Type Multi Family

Property Description

PORTFOLIO INVESTMENT OPPORTUNITY: Rare chance to acquire 3 contiguous, fully leased duplexes (6 total units) on Midlane Dr in Harlingen! Generating $68,400 in gross annual income ($5,700/mo combined total across 1801, 1805, and 1809 Midlane Dr), this 100% occupied portfolio offers instant, predictable cash flow. All units feature in-demand 2-bedroom, 2-bathroom floor plans with expansive private backyards, giving you a distinct leasing advantage over standard multi-family properties. Positioned just minutes from I-2 and I-69E for effortless management of all 6 side-by-side units. Prime acquisition for portfolio growth or a 1031 exchange replacement property!

Location

State TX

County Cameron

Area 5880

Zoning multi

Interior

Interior Features High Speed Internet, Cabinets-Manufactured, Ceiling Fan(s), High Ceilings, Walk-In Closet(s)

Heating Electric

Cooling Central Air

Flooring Tile

Appliance Oven, Refrigerator, Stove

Laundry Washer/Dryer Hook-up

Exterior

Exterior Feature Other

Parking Features Assigned, Other, Concrete

Fence Privacy

Community Features None

Utilities Available Electricity Connected, Meters-Separate Electric, Meters-Separate Water, Water Connected, Sewer Connected

Roof Type Other

Porch Patio

Garage No

Building

Lot Description Other, Less than 1 Acre

Story One

Foundation Slab

Schools

Elementary Schools Harlingen Cisd

Middle Schools Harlingen Cisd

High Schools Harlingen Cisd

Others

Acceptable Financing Bank Loan, Cash, Conventional, FHA, VA Loan

Listing Terms Bank Loan, Cash, Conventional, FHA, VA Loan

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Armando Hernandez

Armando Hernandez

Broker Armando Hernandez 703051

+1(956) 280-3089

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1801 Midlane Dr