1801 Midlane Dr
Property Description
PORTFOLIO INVESTMENT OPPORTUNITY: Rare chance to acquire 3 contiguous, fully leased duplexes (6 total units) on Midlane Dr in Harlingen! Generating $68,400 in gross annual income ($5,700/mo combined total across 1801, 1805, and 1809 Midlane Dr), this 100% occupied portfolio offers instant, predictable cash flow. All units feature in-demand 2-bedroom, 2-bathroom floor plans with expansive private backyards, giving you a distinct leasing advantage over standard multi-family properties. Positioned just minutes from I-2 and I-69E for effortless management of all 6 side-by-side units. Prime acquisition for portfolio growth or a 1031 exchange replacement property!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $813,000 |
| No. of Units: | 6 |
| Year Built: | 2003 |
| Lot Size: | 5,880.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $135,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 12 |
ID: 3yd-SPIBRTX-106814
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