$219,000

703 E Lovett Street, Edinburg, TX 78541

  • 2,375 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $92/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment Opportunity! This triplex offers great potential for improvement and increased value, ideally located near UTRGV and the Edinburg Courthouse. The property is located in two lots with a total area of 0.32 acre and consists of two front units (2 bed / 1 bath each) currently leased at $800 and $550, plus a back unit (1 bed / 1 bath) leased at $550. With some updates, this property has strong upside, perfect for adding to an investment portfolio or for an owner-occupant looking to live in one unit and rent out the others. Owner Financing Available: Down Payment: 35%, Terms: 30-year amortization at 10% interest, Balloon: 5 years

Listing Status:
Active
Listing Office:
Pinnacle Realty Advisors : 972-591-3988
Listing Agent:
Juan Iparrea : 956-330-9012
MLS ID:
481981
  • General: None
  • Appliances: Water Heater (Other)Other
  • Laundry: None
  • Flooring: Other
  • A/C: Window Unit(s)
  • Eco/Green Feature: None
  • General: Outbuilding (None)
  • Parking: No GarageGarage Faces Side
  • Roofing: Composition Shingle
  • General: Aluminum SidingBlock1Pillar/Post/PierSlab
  • Road/Access: Paved
  • Originating MLS: Greater McAllen
  • School District: Edinburg ISD
  • County: Hidalgo
  • Zoning: E330000115001100
  • Fencing: Barbed Wire
  • Water: Public
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Juan Iparrea, Pinnacle Realty Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Elementary School

1319 E Lovett St, Edinburg, TX, 78541

Grades PK-5

0.44 miles away

B

Barrientes Middle School

1100 E Ebony Ln, Edinburg, TX, 78539

Grades 6-8

1.20 miles away

V

Vision Academy of Excellence

1200 E Schunior, Edinburg, TX, 78539

Grades 11-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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