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1608 W Portales DR Edinburg, TX 78541
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,808 sqft
Subdivision Los Portales
MLS Listing ID 395901
Sold Date 02/24/23
HOA Y/N No
Originating Board Greater McAllen
Year Built 2003
Annual Tax Amount $7,851
Tax Year 2022
Lot Size 0.287 Acres
Acres 0.2874
Property Description
What a great investment just two blocks North of UTRGV! Excellent history of steady return on investment as this property has been fully leased for almost the entire time it has been in existence. Prior owners have maintained this fourplex very well and have vetted each tenant thoroughly to ensure that the value of the property continues to increase. Each unit has 2 bedrooms, 2 baths, all tile and covered parking in the rear plus each unit conveys with the washer, dryer, refrigerator, and stove/oven. Although this property is not a new construction build, the location and excellent upkeep have made this a successful investment over the years to add to your portfolio.
Location
State TX
County Hidalgo
Community Curbs
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Dryer, Washer
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Laundry Laundry Closet, Washer/Dryer Connection
Exterior
Exterior Feature Mature Trees
Carport Spaces 4
Fence Privacy, Wood
Community Features Curbs
Waterfront No
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Curb & Gutters, Mature Trees, Sidewalks
Faces From University Drive (107) and Sugar Road intersection, go North beyond UTRGV through 2 stop signs. Property is on the West side of Sugar just before the 17 1/2 Mile and Sugar Rd 4 way intersection.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Truman
Middle Schools B.L. Garza
High Schools Edinburg North H.S.
Others
Tax ID L635700000002700
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