About 220 W 5th Street
Price dropped from $295K to $269K — motivated seller is ready to make a deal!!! Unbelievable opportunity to own an amazing property in downtown Weslaco!!! Check out this amazing CASH FLOWING income producing property with 6 units with separate electric meters, the income speaks for itself, this property is a great deal, call your Realtor for more details today!!! Units have been updated and modernized to suit today's renters' needs. Great opportunity for additional income by adding a coin laundry in the onsite storage room! With a prime location in the heart of downtown Weslaco your renters will have proximity to many businesses, schools and shopping offering them major convenience for a rent price that can fit their budget! Don't miss out on this great opportunity!
Features of 220 W 5th Street
| MLS® # | 464221 |
|---|---|
| Price | $269,000 |
| Square Footage | 3,318 |
| Acres | 0.14 |
| Year Built | 1948 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 220 W 5th Street |
|---|---|
| Subdivision | Weslaco Original Townsite |
| City | Weslaco |
| County | Hidalgo |
| State | TX |
| Zip Code | 78596 |
Amenities
| Utilities | Cable Available |
|---|---|
| Parking | No Carport, No Garage |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | None |
| Community Amenities | Curbs, Sidewalks, Street Lights |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Electric Water Heater, Tankless Water Heater, Refrigerator, Stove/Range |
| Heating | Central |
| Cooling | Central Air, Window Unit(s) |
| Total # of Units | 6 |
| # of Buildings | 3 |
Exterior
| Exterior Features | Mature Trees |
|---|---|
| Lot Description | Corner Lot, Curb & Gutters, Mature Trees, Sidewalks |
| Windows | Energy Features (Double Pane Windows) |
| Roof | Composition Shingle |
| Construction | Frame/Wood, Siding |
| Foundation | Pillar/Post/Pier, Slab |
School Information
| District | Weslaco ISD |
|---|---|
| Elementary | Airport Dr. |
| Middle | Central |
| High | Weslaco H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $4,934 |
| Property Insurance | $6,500 |
| Gross Income | $51,240 |
| HOA Association | No |
Listing Details
| Agent | Rebeca Bermudez |
|---|---|
| Office | TNT Real Estate |
| Contact Info | 956-328-8473 |