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136 North Texas Avenue Mercedes, TX 78570
- $375,000
- 2,240 sq ft
- Year Built: 1980
- Multi-Unit
- Listing #486573
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Investment Opportunity: Discover a rare investment opportunity in the heart of Mercedes, Texas. This property features a 9-unit multi-family complex paired with a two-door commercial storefront, offering dual-income potential. The property is ideally located in a high-visibility area along N Texas Ave, providing possible stable residential cash flow and additional income from two street-front retail spaces. Property Highlights: - 9 total residential units, including cozy efficiency-style apartments - 2 commercial storefronts, suitable for retail, office, or small business rentals - Steady rental income with long-term tenants and low vacancy rates - Ideal for local retail, boutique, or office tenants - Strong cash flow potential from both residential and commercial tenants Located in a growing area of the Rio Grande Valley, this property offers both stability and upside. Don’t miss out on this chance to own a multi-use property!
| Price | $375,000 |
|---|---|
| Year Built | 1980 |
| Property Type | Multi-Unit |
| Listing # | 486573 |
| Status | Active |
| Listing Type | For Sale |
| Square Feet | 2,240 |
|---|
| Lot Size | 0.09 acres |
|---|
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
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