$999,999/mo

105 E 10th Street, Mercedes, TX 78570

  • 12,880 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon1.06acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $78/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

A great time to add cash flow with a multifamily 16 units with onsite laundry facilities generating additional income to your portfolio. As of march 28 2025 only two units are vacant ,The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof was replaced in 2019, The property is conveniently close to schools, and a science academy, minutes from the Mercedes Outlet Mall. Washers and Dryers are not leased and were purchased in 2021 along with the gas water heater. The tenants pay for electric and the landlord pays for water / trash ( appx $300 monthly ).

Listing Status:
Active
Listing Office:
Fortune Realty LLC : 505-480-3401
Listing Agent:
Idan Zur : 505-480-3401
MLS ID:
465553
  • General: Split Bedrooms
  • Appliances: Electric Water HeaterGas Water HeaterRefrigeratorStove/Range-Electric Coil
  • Laundry: Laundry Room
  • Flooring: Porcelain Tile
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Eco/Green Feature: None
  • General: Laundry Facility
  • Parking: No Garage
  • Roofing: Shingle
  • General: BrickSidingWood Siding2Slab
  • Road/Access: Paved
  • Originating MLS: Greater McAllen
  • School District: Mercedes ISD
  • County: Hidalgo
  • Zoning: E070000001000100
  • Fencing: LandscapedNone
  • Water: Public
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Idan Zur, Fortune Realty LLC

Location

Schools Nearby

R

Ruben Hinojosa Elementary School

500 S Rio Rico Rd, Mercedes, TX, 78570

Grades PK-5

0.64 miles away

S

Sgt. Manuel Chacon Middle School

801 S Mile 1 E, Mercedes, TX, 78570

Grades 6-8

0.85 miles away

M

Mercedes Early College Academy

837 S Ohio Ave, Mercedes, TX, 78570

Grades 9-12

0.24 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.