2213 N ERICA STREET, PHARR, TX 78577
Homes for sale in Pharr.
Homes for sale in 78577.
List Price$425,000
2213 N Erica Street
Pharr, TX 78577
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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