105 E 10th Street Mercedes, TX $ 1,200,000
105 E 10th Street
$ 1,200,000
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105 E 10th Street

Mercedes, TX, 78570
$ 1,200,000
Bedrooms17 Baths17.0 Sq 12,880

Monthly Estimate*

$ 7,976

105 E 10th Street, Mercedes, TX 78570 - Image 1
105 E 10th Street, Mercedes, TX 78570 - Image 2
105 E 10th Street, Mercedes, TX 78570 - Image 3
105 E 10th Street, Mercedes, TX 78570 - Image 4
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105 E 10th Street, Mercedes, TX 78570 - Image 9
105 E 10th Street, Mercedes, TX 78570 - Image 10

Multi-Family Home for sale in Mercedes, TX

for $1,200,000 with 17 bedrooms and 17 full baths. This 12,880 square foot home was built in 1989 on a lot size of 1.056.

An exceptional investment opportunity awaits! Expand your portfolio with this multifamily gem featuring 16 units and on-site laundry facilities, offering a lucrative source of additional income. Situated on a prime 1-acre lot in downtown Mercedes, ample parking enhances tenant convenience. Each unit features 2 bedrooms, 1 bath, and tile flooring in 15 units. Appliances are regularly maintained, ensuring tenant satisfaction and excellent rental history. Proximity to schools, a science academy, and the Mercedes Outlet Mall further adds to its appeal. Don't miss out on this income-generating asset! Contact LA today for more details.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

17

Full Bath

17

Property Type

Multi-Family

Taxes

$ 26,270

Style

Multi Family

Lot Size

1.056

Year Built

1989

Town/City

Mercedes

County/Region

Hidalgo

MLS | Web ID

430368

Features
General
Interior Features None
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Gas Water Heater Refrigerator Stove/Range-Electric Coil
Exterior Features Balcony Mature Trees
Garage Spaces 0
Construction Materials Brick Siding Wood Siding
Year Built 1989
Property SubType Multi Family
Tax Year 2024
Gross Income 105000
Community Features Curbs Sidewalks Street Lights
County Hidalgo
Insurance Expense 2890
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name East Mercedes
Garage Y/N No
Other Structures Laundry Facility
Status Active
Directions Take I-2. Take exit 163B toward FM 491/Texas Ave. Turn right onto N Texas Ave. Turn left onto Florida Ave and then onto Avenue A in 150 ft the property will be on your right.
High School Mercedes H.S.
City Mercedes
High School District Mercedes ISD
Total Units 17
Lot Size Square Feet 45999.7956
Carport Spaces 36
Carport Y/N Yes
Street Name 10th
Elementary School JFK
Tax Annual Amount 26270
Home Warranty Y/N No
Middle/Junior High School Harwell
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Mercedes ISD
Elementary School District Mercedes ISD
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Interior
Flooring Porcelain Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Laundry Features Laundry Room
Living Area Units Square Feet
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Exterior
Fencing Landscaped None
Parking Features No Carport No Garage
Lot Features Corner Lot Curb & Gutters Mature Trees Sidewalks
Water Source Public
Total Parking 36
Lot Size Area 1.056
Foundation Details Slab
Number of Buildings 4
Building Area Total 12880
Lot Size Acres 1.056
Road Surface Type Paved
Lot Size Units Acres
Covered Spaces 36
Pool YN No
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* Excluded Features
List By
Cecilia Olivarez

Listing Agent

Hch Realty

Broker

colivarez@hchrealty.us

Email

Affordability Calculator

$10,165
Per Month
78%
22%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$2,189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057794 Elementary School
3722321 Middle School
Mercedes H.S. High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$1,200,000 Listed Price

Map


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105 E 10th Street, Mercedes, TX, 78570 is a Multi-Family Home for sale at $1,200,000 with 12,880 sqft and a lot size of 1.056. 105 E 10th Street has 17 bedrooms, 17.0 baths, and was built in 1989. The property's zip code is 78570 which is in Mercedes, TX