3115 Diamondhead Avenue
$375,000
—
3,640
3,640
$103
Description
Solid investment w/proven income potential & room for growth located in a highly desirable area walking distance from Jensen Elementary. 4 - 2 bed 2 bath units ideal to add to an investment portfolio or perfect a first-time investment. 100% occupied, solid long-term tenants who have been in place for 5-8 yrs. Potential Rent increases to $950-$975 per mo. totaling $3,600 - $3,850 per mo. starting Oct 2024 when leases become month-to-month. $42,000+ invested in the property. Improvements include: repaired...Solid investment w/proven income potential & room for growth located in a highly desirable area walking distance from Jensen Elementary. 4 - 2 bed 2 bath units ideal to add to an investment portfolio or perfect a first-time investment. 100% occupied, solid long-term tenants who have been in place for 5-8 yrs. Potential Rent increases to $950-$975 per mo. totaling $3,600 - $3,850 per mo. starting Oct 2024 when leases become month-to-month. $42,000+ invested in the property. Improvements include: repaired roof 2023, new paint & repairs for the entire 4-plex 23' & new exterior paint 24'. The AC exterior units have been cleaned 23', and the dryer exhaust roof vents have been cleaned. New exterior lights & cameras, adding value for tenants. New thermostats in Apt B & D, new washers & dryers Apt B & D & fully rehabbed Apt D. Current rents: Apt A $800, Apt B $750, Apt C $850 & Apt D $900. Situated on a street lined w/other 4-plexes, as new as 2015, indicating strong demand & profitability.
- Listed by Nacole Ricks • TREC #801068434 • Exp Realty Llc
Property Details for 3115 Diamondhead Avenue
Community Features
Curbs, Sidewalks
Subdivision NameVilla Real Estates
LISTING UPDATED: 08/27/2024 01:19 PM
Property Details for 3115 Diamondhead Avenue
Status | Active |
---|---|
MLS # | 446354 |
Days on Market | 82 |
Taxes | $7,697 / year |
HOA Fees | - |
Condo/Co-op Fees | $3,480 / year |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 2007 |
Lot Size | 0.22 AC / 9,557 SF |
County | Hidalgo County |
Building Information for 3115 Diamondhead Avenue
Stories-Residences4Year Built2007Building Size-Lot Size0.22 AC / 9,557 SF
Property Information for 3115 Diamondhead Avenue
Property History for 3115 Diamondhead Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3115 Diamondhead Avenue
This home is within Sharyland Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Jessie L Jensen Elementary School PublicPK to 6 | ||
Sharyland North J High School Public7 to 8 | ||
Sharyland Pioneer High School Public9 to 12 | ||
Sharyland Advanced Academic Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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