1801 Midlane Dr, Harlingen, TX 78552

$813,000
12
BD
12
BA
5,880
SqFt

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List Price
$813,000
MLS#
106814
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Year Built
2003
Bedrooms
12
Full Baths
12
Acres
0.84
Living Area
5,880
County
Cameron
Area
Harlingen
City
Harlingen
Subdivision
Other
Building Name
Midlane

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!

Additional Information

School District
Harlingen CISD

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Calculator source: Real Geeks

Listing courtesy of The Agency Austin.