Pending

Listed by Juan Iparrea from Pinnacle Realty Advisors

Source: Greater McAllen Association of Realtors #504196

703 E Lovett St, Edinburg, TX, 78541

$219,000

2
2375 sq. ft.
14201 sq. ft.

Duplex

30+ days on the market

What's around 703 E Lovett St

About this property

Investment Opportunity! This triplex offers great potential for improvement and increased value, ideally located near UTRGV and the Edinburg Courthouse. The property is located in two lots with a total area of 0.32 acre and consists of two front units (2 bed / 1 bath each) currently leased at $800 and $550, plus a back unit (1 bed / 1 bath) leased at $550. With some updates, this property has strong upside, perfect for adding to an investment portfolio or for an owner-occupant looking to live in one unit and rent out the others. Owner Financing Available: Down Payment: 35%, Terms: 30-year amortization at 10% interest, Balloon: 5 years

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