703 E Lovett ST Edinburg, TX 78541
2,375 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,375 sqft
Subdivision Edinburg Original Townsite
MLS Listing ID 481981
HOA Y/N No
Year Built 1961
Annual Tax Amount $5,815
Tax Year 2024
Lot Size 0.326 Acres
Acres 0.326
Property Sub-Type Triplex
Source Greater McAllen
Property Description
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
Location
State TX
County Hidalgo
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features None
Cooling Window Unit(s)
Flooring Other
Appliance Water Heater (Other), Other
Laundry None
Exterior
Carport Spaces 2
Fence Barbed Wire
Community Features None
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Faces Head east on Schunior St, then turn left onto N Veterans Rd. Next, take a left onto E Lovett St. and the house will be on the right.
Story 1
Foundation Pillar/Post/Pier, Slab
Sewer City Sewer
Water Public
Structure Type Aluminum Siding,Block
New Construction No
Schools
Elementary Schools Lincoln
Middle Schools Barrientes
High Schools Edinburg H.S.
Others
Tax ID E330000115001100