1502 DIAMOND AVE
PENITAS, TX 78576

$975,000

0 Beds

0 Baths

10,164 Sq Ft

Status Active

MLS# 437639

Explore this outstanding investment opportunity in a well-maintained, multi-unit property featuring 8 units with a solid rental history. This turnkey operation consists of seven 2-bedroom units and one spacious 3-bedroom unit, all currently tenant-occupied, ensuring immediate rental income. Each unit is designed for comfort and convenience, making it highly attractive to potential renters. This property is an ideal choice for investors seeking a stable income stream and excellent long-term value. Don't miss out on this chance to expand your real estate portfolio with a proven income-producing asset.

Details for 1502 DIAMOND AVE

$96 / Sq Ft

4 parking spaces

Central, Electric

19 Days on website

1.0049 acres lot

Interior

Appliances

Electric Water Heater, Refrigerator, Stove/Range

Flooring

Tile

Interior Features

Ceiling Fan(s)

Laundry Features

Laundry Area, Washer/Dryer Connection

Living Area

10,164 SqFt.

HOA Features

Association Amenities

Building And Construction

Accessibility Features

Building Features

Door Features

[]

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Smoke Detector(s)"]

Window Features

Energy Features (Double Pane Windows)

Year Built

2003

Exterior And Lot

Exterior Features

None

Lot Features

Lot Size Acres

1.0049

Lot Size Square Feet

43773.0084

Lot Size Units

Acres

Parking Features

No Garage, Other Garage Or Carport

Parking Total

Patio And Porch Features

[]

Pool Features

[]

Spa Features

[]

Waterfront Features

[]

Utilities

Cooling

["Central Air", "Electric"]

Heating

Central, Electric

Area And Schools

City

Penitas

Community Features

None

County Or Parish

Hidalgo

Elementary School

JFK

High School

La Joya H.S.

Middle Or Junior School

Chavez

School District

La Joya ISD

Subdivision Name

Anadal

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$19,693

Tax Year

2023