Investment Opportunity: Discover a rare investment opportunity in the heart of Mercedes, Texas. This property features a 9-unit multi-family complex paired with a two-door commercial storefront, offering dual-income potential. The property is ideally located in a high-visibility area along N Texas Ave, providing possible stable residential cash flow and additional income from two street-front retail spaces. Property Highlights: - 9 total residential units, including cozy efficiency-style apartments - 2 commercial storefronts, suitable for retail, office, or small business rentals - Steady rental income with long-term tenants and low vacancy rates - Ideal for local retail, boutique, or office tenants - Strong cash flow potential from both residential and commercial tenants Located in a growing area of the Rio Grande Valley, this property offers both stability and upside. Don’t miss out on this chance to own a multi-use property!
For sale
$375,000
136 N Texas Ave, Mercedes, TX 78570
9beds
9baths
2,240sqft
Est.:
Apartment, Multi Family
Built in 1980
-- sqft lot
$362,100 Zestimate®
$167/sqft
$-- HOA
What's special
High-visibility areaCozy efficiency-style apartments
- 27 days |
- 162 |
- 9 |
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