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1921 W Main Ave, Mission, TX, 78573

18beds
9baths
8,296sqft
$1,085,000
$131price/sqft
$8,687/moest. monthly cost
$347,480/yrincome needed

About This Home

This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitchen appliances, making this a turnkey property. Conveniently located at 1921 Maine Ave, Mission, TX, in a high-demand rental area, this property is ideal for investors seeking a low-maintenance, income-generating asset. Fully leased properties like this are rare in the market, so act quickly.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

4/10
9/10

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Other
  • Laundry features: Laundry Area,Washer/Dryer Connection

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 9

Features

  • Ceiling Fan(s),High Ceilings,Walk-In Closet(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,296
  • Total interior livable area: 8,296 sqft

Property

Details

  • Parcel number: I404500000000800

Features

  • Exterior features: None
  • Fencing: Other

Lot

  • Lot size: 0.86 Acres

Parking

  • Total spaces: 18
  • Parking features: No Carport,No Garage
  • Covered spaces: 18
  • Carport: Yes
  • Carport spaces: 18