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1801 Midlane Drive, Harlingen, TX 78552

$813,000
: 5,880
SqFt

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List Price: $813,000
Status: ACTIVE
MLS#: 515756
Living Area: 5,880
Lot Size (Acres): 0.84
Year Built: 2003

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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!

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Additional Information

Area: Harlingen
Subdivision: Haverford Place
Taxes: $8,541
Stories: 1
Interior Features: Built-in Features, Ceiling Fan(s), Other
Amenities: Curbs, Street Lights
Heating: Central
Cooling: Central Air
Sewer: City Sewer
School District: Harlingen ISD
Elementary School: Rodriguez
Middle School: Vela
High School: Harlingen South H.S.