About 7432 Lakeside Dr.
Turnkey Multifamily Investment – Two Fully Occupied Triplexes Incredible investment opportunity! This property features two well-maintained triplex apartment buildings (6 total units) situated on nearly half an acre in a desirable and high-demand rental area. Each unit is approximately 1,150 sq. ft. and offers a spacious 2-bedroom, 2-bath layout with a full suite of appliances included—refrigerator, stove, washer, and dryer. Property Highlights: Two 3-plex buildings (6 units total) Each unit is 2 Bed / 2 Bath – approx. 1,150 sq. ft. All appliances convey: Refrigerator, stove, washer, and dryer Currently 100% occupied $1,000/month per unit in rental income Located in a highly rated school district Only 10 minutes to shopping, restaurants, and hospitals Strong rental demand and low vacancy area This is a fully leased, income-producing property with upside potential in a growing market. Ideal for investors looking for stable cash flow with minimal upkeep.
Features of 7432 Lakeside Dr.
| MLS® # | 29766414 |
|---|---|
| Price | $739,000 |
| Square Footage | 6,804 |
| Acres | 0.43 |
| Year Built | 2016 |
| Type | Multi-Family |
| Sub-Type | Multiplex (2-10) |
| Status | Active |
Community Information
| Address | 7432 Lakeside Dr. |
|---|---|
| Area | Olmito |
| Subdivision | Olmito Original Townsite Groves |
| City | Olmito |
| County | Cameron |
| State | TX |
| Zip Code | 78526 |
Amenities
| Amenities | No Special Amenities |
|---|---|
| Features | Handicap Access, Internet Access |
| Parking Spaces | 14 |
| Garages | 4+ Car, No Garage, Other-See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Tile |
| Appliances | Stove/Range, Refrigerator, Washer, Dryer |
| Heating | Brick |
| Fireplace | No |
| Stories | 1 |
| Has Basement | No |
Exterior
| Exterior | Concrete |
|---|---|
| Exterior Features | Deck/Balcony/Porch |
| Lot Description | Curb & Gutter |
| Windows | Double Pane Windows |
| Foundation | Slab |
School Information
| District | LOS FRESNOS C.I.S.D. |
|---|---|
| Elementary | Villarreal |
| Middle | Resaca |
| High | Los Fresnos |
Additional Information
| Foreclosure | No |
|---|
Listing Details
| Agent | Jesus Garcia |
|---|---|
| Office | Balboa Realty |
| Contact Info | 9564596337 |