About 1001 Cedarwood Drive
A wise investment to build your wealth! 5 well-maintained fourplexes with 20 apartment units. All 5 lots/fourplexes are right next to each other. Each apartment is standing alone building which is very hard to find. Single family house style apartment. No shared wall with other apartment. All single stories. Huge lot size and has sidewalk between each fourplex. Each fourplex (4144 sqft) has two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft). Each apartment has beautiful interior design, granite kitchen countertop, tile floors thorough the apartment, separated utility room, private fence in slab patio, 2 covered assigned carports spaces. Good size master bedroom. The apartments are located on the new and growing area of Rio Grande City, south of Mario Ramirez Elementary school. The opportunity to grow is endless.
Features of 1001 Cedarwood Drive
| MLS® # | 516418 |
|---|---|
| Price | $1,700,000 |
| Square Footage | 20,720 |
| Acres | 1.36 |
| Year Built | 2007 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1001 Cedarwood Drive |
|---|---|
| Subdivision | Trophy Plex |
| City | Rio Grande City |
| County | Starr |
| State | TX |
| Zip Code | 78582 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | No Garage |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Area, Washer/Dryer Connection |
| Community Amenities | Curbs, Sidewalks |
Interior
| Interior Features | Ceiling Fan(s), Other |
|---|---|
| Appliances | Electric Water Heater, Refrigerator, Stove/Range |
| Heating | Central |
| Cooling | Central Air |
| Total # of Units | 20 |
| # of Buildings | 20 |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Mature Trees, Sidewalks |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Rio Grande ISD |
|---|---|
| Elementary | Ramirez |
| Middle | Ringgold |
| High | Rio Grande City H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $43,302 |
| Property Insurance | $15,751 |
| Gross Income | $209,835 |
| HOA Association | No |
Listing Details
| Agent | Chia Chiang |
|---|---|
| Office | eXp Realty LLC |
| Contact Info | 956-534-8771 |