Each unit is separately metered for water, electricity, and natural gas, keeping utility management simple. The hot water heater and stove run on natural gas, significantly reducing electricity costs. While units will require some updates, they present an excellent value-add opportunity for investors.
Currently, two units are occupied by Section 8 tenants, with reimbursement set at the 1-bedroom, 1-bath rate. Note that none of the units include central heating and air, and all window units belong to the tenants.
With strong rental demand in this prime location, this property offers great potential for steady cash flow and future appreciation. Don't miss out on this investment opportunity!
Features
directions_car4 carspaces
directions_car4 garage spaces
2976 sq. ft. floor area
crop_free10649.98 sq. ft. lot size
cottageDuplex
Property history for 402 E Mahl St
2019
Sold
Undisclosed
01 Mar 2019
Happy sellers in Edinburg
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Local market activity for duplexes in Edinburg
Sold
For Sale
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