220 W 5th Street, Weslaco, TX 78596

$245,000
3,318
SqFt

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List Price
$245,000
Price Change
▼ $20,000 1784763049
Status
ACTIVE
MLS#
464221
Living Area
3,318
Lot Size (Acres)
0.14350000000000002
Year Built
1948

Property Description

Great Deal! 6-unit income-producing property in the heart of Weslaco offered at a compelling price point. The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today’s renters along with additional upside potential through continued improvements. Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants. Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential. Showings are by appointment only due to occupancy.

Additional Information

Area
Weslaco
Subdivision
Weslaco Original Townsite
Taxes
$4,934
Stories
2
Interior Features
Ceiling Fan(s)
Amenities
Curbs, Sidewalks, Street Lights
Exterior Features
Mature Trees
Heating
Central
Cooling
Central Air, Window Unit(s)
Utilities
Cable Available
Sewer
City Sewer
School District
Weslaco ISD
Elementary School
Airport Dr.
Middle School
Central
High School
Weslaco H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Rebeca Bermudez with Tnt Real Estate