About 116 E 13th Street
This is an exceptional chance to acquire stable, 5-unit apartment building in Mission, Texas—a city experiencing explosive growth and growing demand for rentals. Strategically located just one block off North Conway Ave., this property has a consistently high occupancy rate due to its proximity to employment and schools. Additionally, this expansive +/- 0.26 acre lot provides an incredible opportunity to add another apartment building, effectively allowing you to double your income. With its unbeatable location, excellent price, and significant upside potential, this property is a smart acquisition for a new investor or to an existing portfolio.
Features of 116 E 13th Street
| MLS® # | 473676 |
|---|---|
| Price | $330,000 |
| Square Footage | 2,797 |
| Acres | 0.26 |
| Year Built | 1975 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 116 E 13th Street |
|---|---|
| Subdivision | Mission Original Townsite |
| City | Mission |
| County | Hidalgo |
| State | TX |
| Zip Code | 78572 |
Amenities
| Parking | No Carport, No Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet |
| Community Amenities | None |
Interior
| Interior Features | None |
|---|---|
| Appliances | Electric Water Heater, No Conveying Appliances, Other |
| Heating | Central |
| Cooling | Central Air, Window Unit(s) |
| Total # of Units | 5 |
| # of Buildings | 1 |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Shingle |
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Mission ISD |
|---|---|
| Elementary | Bryan |
| Middle | Mission Junior High |
| High | Veterans Memorial H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $3,748 |
| Property Insurance | $1,618 |
| Gross Income | $15,610 |
| HOA Association | No |
Listing Details
| Agent | Santiago Mendiola |
|---|---|
| Office | URSA Real Estate |
| Contact Info | 956-252-0544 |