An Excellent Investment Opportunity! This well-maintained multifamily property presents a solid investment opportunity with several recent improvements and stable cash flow. It features four units, each with appliances (several recently replaced). All units are tiled and include coffered ceilings. Most units also include washers and dryers, with laundry hookups available in all. Currently, 4 active leases are in place: 3 units at $675/month and one at $625/month, with clear potential for rental increases to align with market rates. Major capital improvements have already been completed, including: - New roof installed in 2020 - Septic system for Units C and D replaced in 2025 - New HVAC system for Unit D installed in 2024 - Water heaters replaced in most units within the last 1–3 years - As well as several new appliances, new ceiling fans, fresh paint in three units within the last couple of years, and many more miscellaneous improvements.
For sale
Price cut: $10K (8/20)
$305,000
2516 Jeffrey Dr, Edinburg, TX 78542
2beds
1baths
3,417sqft
Est.:
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$301,600 Zestimate®
$89/sqft
$-- HOA
What's special
Fresh paintNew appliancesCoffered ceilingsNew ceiling fans
- 135 days
- on Zillow |
- 131 |
- 11 |
Likely to sell faster than
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