Mercedes, TX 78570,105 E 10th ST
Mercedes, TX 78570,105 E 10th ST
Mercedes, TX 78570,105 E 10th ST
Mercedes, TX 78570,105 E 10th ST
Mercedes, TX 78570,105 E 10th ST
Mercedes, TX 78570,105 E 10th ST
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Listed by HCH Realty
$ 1,200,000

12,880 SqFt


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$ 1,200,000
Save

12,880 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,880 sqft

Subdivision East Mercedes

MLS Listing ID 427704

HOA Y/N No

Originating Board Greater McAllen

Year Built 1989

Annual Tax Amount $17,721

Tax Year 2021

Lot Size 1.056 Acres

Acres 1.056

Property Description

It's a great time to add a Multifamily, 16-unit with onsite laundry facilities, income-generating, property to your portfolio!
The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof shingles were replaced in 2019, and 15 apartments have tile flooring. Appliances are replaced as needed. Great Rental History. The property is conveniently close to schools, and a science academy, and minutes from the Mercedes Outlet Mall.
Washers and Dryers are owned outright and are conveyed with the sale, along with the gas water heater.

Location

State TX

County Hidalgo

Community Curbs, Sidewalks, Street Lights

Rooms

Other Rooms Laundry Facility

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Porcelain Tile

Appliance Electric Water Heater, Gas Water Heater, Refrigerator, Stove/Range-Electric Coil

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Mature Trees

Fence Landscaped, None

Community Features Curbs, Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Curb & Gutters, Mature Trees, Sidewalks

Faces Follow I-2/US-83 E to W Expy 83/Frontage Rd/U.S. 83 Frontage Rd S in Mercedes, Take exit 163B toward FM 491/Texas Ave, Turn right onto N Texas Ave, Turn left onto W 10th St, Continue onto Tenth St, Destination will be on the left.

Story 2

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick,Siding,Wood Siding

New Construction No

Schools

Elementary Schools Jfk

Middle Schools Harwell

High Schools Mercedes H.S.

Others

Tax ID E070000001000100

Security Features Smoke Detector(s)

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105 E 10th ST