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1238 Ringgold St

Brownsville, TX 78520
  • $127,500
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 29746829
$127,500
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,078
    SQFT
  • $118
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1986
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Investors, great cap rate above 10% in rarely available area! Two legally permitted properties in one with double income potential! Prior tenants in front (2/1) were paying $700, rear (1/1) were paying $500 p/m. Both homes enjoy full kitchen and dining areas with separate bedrooms, plus their own patio areas. Separate BPUB meters. Private gated rear entrance and parking accessible through alley. Nice lot size with tree shade. Ample room for spice garden, lime trees, flowers, landscape, hammocks, and outdoor furniture. In an up and coming area close to downtown currently being revitalized. If you choose to remodel, can enjoy upside in rental values. Live in one and collect rent from the other, or two families in separate homes on one lot. Lots of great uses and options! Bring your best offers, motivated out-of-state seller. Close distance to Linear Park, fitness trails, Farmer's Market, Ringgold Public Park, UTB University, Gladys Porter Zoo & expressway!

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© 2023 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2023-12-02T23:51:31.23.
www.troygilesrealty.com/homes/144001305
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1238 Ringgold St Brownsville, TX 78520

  • Price: $127,500
  • Status: Active
  • On Site: 61 Days
  • MLS #: 29746829
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1,078
SQFT
$118
$/SQFT
1986
Built
Neighborhood:
Paredes Tract Addition
County:
Cameron
Area:
Brownsville
Elementary School:
Sharp
Middle School:
Faulk
High School:
Porter
School District:
Brownsville I.S.D.
Property Description
Investors, great cap rate above 10% in rarely available area! Two legally permitted properties in one with double income potential! Prior tenants in front (2/1) were paying $700, rear (1/1) were paying $500 p/m. Both homes enjoy full kitchen and dining areas with separate bedrooms, plus their own patio areas. Separate BPUB meters. Private gated rear entrance and parking accessible through alley. Nice lot size with tree shade. Ample room for spice garden, lime trees, flowers, landscape, hammocks, and outdoor furniture. In an up and coming area close to downtown currently being revitalized. If you choose to remodel, can enjoy upside in rental values. Live in one and collect rent from the other, or two families in separate homes on one lot. Lots of great uses and options! Bring your best offers, motivated out-of-state seller. Close distance to Linear Park, fitness trails, Farmer's Market, Ringgold Public Park, UTB University, Gladys Porter Zoo & expressway!
Exterior Features

Construction CombinationPillar/Post/Pier Exterior Features Outbuilding(s) Exterior Siding Wood Siding Fence Type Chain LinkWood Garage Details Other Location Features Curb & Gutter Outbuildings Other Parking Spaces 0.00 Stories One Street Type Paved

Interior Features

Conveying Appliances None Energy Features None Flooring Linoleum Heating System None Interior Features None Special Features None Water Heater Natural Gas

Property Features

Community Amenities None Multifamily Type Multiplex (2-10) Proposed Financing Cash REO No Sewer Public Sewer Water Public

Listing provided courtesy of Teppi Montemayor of Grt Realty: 9562540869. © 2023 Harlingen Board of Realtors Multiple Listing Service.
© 2023 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2023-12-02T23:51:31.23.
 
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