705 N Broadway ST #FM88, Elsa, TX 78543
705 N Broadway ST #FM88, Elsa, TX 78543
705 N Broadway ST #FM88, Elsa, TX 78543
705 N Broadway ST #FM88, Elsa, TX 78543
705 N Broadway ST #FM88, Elsa, TX 78543
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Listed by Keller Williams Realty RGV
$ 325,000

5,969 SqFt


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$ 325,000
Save

5,969 SqFt

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.

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

Nearby Locations

Element Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 624-7036

admin@theelementrealty.com

2713 Cornerstone Blvd, Edinburg, Texas, 78539, USA

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705 N Broadway ST #FM88