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Listed by TNT Real Estate
$510,000
Est. payment /mo
4,400 SqFt
New
801 S. BUSFM Fm 1015 Progreso, TX 78579
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $115
Subdivision Orchard Homes
MLS Listing ID 29780988
Year Built 1996
Lot Size 0.492 Acres
Property Sub-Type Multi Family
Property Description
Eight-unit investment opportunity in Progreso! Built in 1996 and renovated in 2023, this property offers approximately 4,400 square feet across two buildings, averaging approximately 550 square feet per unit; individual unit sizes vary. Features seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Sale includes two parcels totaling approximately 0.4924 acres. Seven units are occupied, with scheduled monthly rent of $5,195 and one vacant unit offering additional rental potential. Located on FM 1015 north of Military Highway, across from Stars Drive-In and Living Water Church. Listing agent is a licensed Texas real estate agent and owner of Ellis Realty LLC, which owns the property.
Location
State TX
County Hidalgo
Area 4400
Interior
Heating Central
Appliance Electric Water Heater, Dryer, Refrigerator, Washer
Exterior
Parking Features 4 or More Car Garage, Off Street
Garage Spaces 16.0
Porch Patio
Garage Yes
Building
Story One
Foundation Combination, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Progreso
Middle Schools Dorothy Thompson
High Schools Progreso
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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