About 1502 Diamond Avenue
Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex! Located just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all currently occupied (leased), ensuring immediate cash flow. Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is the perfect choice. Hurry and take advantage of this fantastic opportunity before it's gone!
Features of 1502 Diamond Avenue
| MLS® # | 492422 |
|---|---|
| Price | $620,000 |
| Square Footage | 10,164 |
| Acres | 1.00 |
| Year Built | 2003 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1502 Diamond Avenue |
|---|---|
| Subdivision | Anadal |
| City | Penitas |
| County | Hidalgo |
| State | TX |
| Zip Code | 78576 |
Amenities
| Parking | No Garage, Other Garage or Carport |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Area |
| Community Amenities | None |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Electric Water Heater, Refrigerator, Stove/Range |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Total # of Units | 8 |
| # of Buildings | 1 |
Exterior
| Exterior Features | None |
|---|---|
| Windows | Energy Features (Double Pane Windows) |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | La Joya ISD |
|---|---|
| Elementary | JFK |
| Middle | Chavez |
| High | La Joya H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $19,693 |
| Property Insurance | $974 |
| Gross Income | $82,500 |
| HOA Association | No |
Listing Details
| Office | Berkshire Hathaway HomeService |
|---|