53 Albeza Avenue, Rio Grande City, TX 78582

$324,500
3,620
SqFt

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List Price
$324,500
Price Change
▼ $25,500 1776251518
Status
ACTIVE
MLS#
490670
Living Area
3,620
Lot Size (Acres)
0.1938
Year Built
1991

Property Description

Amazing 4-unit apartment in Rio Grande City, TX 78582. Fully occupied fourplex featuring four 2-bedroom, 1-bath units with strong rental income. Current rents $850–$900 per unit with upside potential to $1,000. Generates approx. $42,480 in gross annual income. Fully gated property offering a shared backyard, 1-garage/storage, and two parking spaces per unit. Turnkey investment ideal for both first-time and experienced investors.

Additional Information

Area
Rio Grande City
Subdivision
Campo Verde
Taxes
$5,122
Stories
2
Interior Features
Ceiling Fan(s), Walk-In Closet(s), Washer
Amenities
None
Exterior Features
Manual Gate, None
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
City Sewer
School District
Rio Grande ISD
Elementary School
Sanchez
Middle School
Veterans
High School
Rio Grande City H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Elvia Lopez with Jsl Living, Llc