2213 N ERICA STREET, PHARR, TX 78577

Homes for sale in Pharr.

Homes for sale in 78577.


Active

List Price$425,000

2213 N Erica Street

Pharr, TX 78577

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #486350

3,952

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

THE 4-PLEX THAT PRINTS MONEY. This isn't a fixer or a gamble -- it's a cash-flow machine sitting just off the expressway in a secure gated community. Four spacious 2-bed, 2-bath units, each with granite counters, tile flooring, custom cabinetry, laundry rooms, and two covered parking spaces, bring in a steady $31,200+ yearly gross income with dependable, long-term tenants already in place. Raise rents slightly and you'll add another $1,140 a year to your bottom line without lifting a hammer. It's clean, efficient, and already producing -- the kind of property that keeps working while you sleep. Predictable income. Prime location. Proven tenants. If you've been waiting for a "plug-and-play" investment with zero guesswork, this is the one.

Property Features

Location Information

County

Hidalgo

Directions

Going West on Ferguson Ave, turn North onto Erica St. The units will be on the West side.

Subdivision

Vip Estates

Interior Features

Interior

Ceiling Fan(s), Decorative/High Ceilings, Microwave, Other, Walk-In Closet(s)

Appliances

Electric Water Heater, Dishwasher, Dryer, Microwave, Oven-Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer

Heating

Zoned, Electric

Total Number of Units

4

Cooling

Zoned, Electric

Features

Curbs, Gated, Other, Sidewalks, Street Lights

Floors

Laminate, Tile

Windows/Doors Description

Energy Features (Double Pane Windows)

Laundry

Laundry Room, Washer/Dryer Connection

Exterior Features

Construction

Brick

Garage Spaces

0

Exterior

Mature Trees, Other, Sprinkler System

Parking Spaces

2

Foundation

Slab

Fencing

Privacy, Wood

Roof

Shingle

Lot Description

Mature Trees, Professional Landscaping, Sidewalks

Possession

Closing and Funding

Lot Size in Acres

0.212

Septic or Sewer

City Sewer

Lot Size in Sq. Ft.

9,252

Water

Public

Buildings

Outbuilding (None)

Security Features

Smoke Detector(s)

Energy Features

Thermostat

Parking Description

Detached, No Garage, Garage Faces Rear

Road Description

Paved

School

Elementary School District

PSJA ISD

Middle School

Liberty

Elementary School

Ramirez

High School

PSJA North H.S.

Additional Information

Is a Gated Community

Yes

Units in Complex

2

Property Type

RI

HOA Fee

$675

Property SubType

Quadruplex

HOA Frequency

Annually

Year Built

2005

Taxes

6840

APN

V012500000002900

Tax Year

2018

Status

Active

Square Feet Source

HidalgoCAD

Is an REO

Yes

Similar Listings

Mortgage Calculator

$1,984

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,531

Monthly Tax

$354

Monthly Insurance

$99

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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