155 Iowa Active Save Request In-Person Tour Request Virtual Tour
Brownsville,TX 78521
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $141
Subdivision Chicago Gardens
MLS Listing ID 29764243
Year Built 1980
Lot Size 0.296 Acres
Property Sub-Type Multi Family
Property Description
Prime Investment Opportunity in Brownsville, TX! NOI: $56,364.90 Cap 7%. Located at 155 N Iowa Ave, this newly remodeled 8-unit apartment complex is the perfect addition to your portfolio. Each 2-bed, 1-bath unit boasts modern upgrades, including new tile flooring, quartz countertops, stainless steel appliances, and brand-new AC units for tenant comfort. The two-story layout offers a clean, contemporary feel, while ample parking (2 spaces per unit) ensures convenience. Situated in a high-demand rental market, this property is just minutes from SpaceX, shopping, dining, and major highways, making it ideal. With strong rental income potential and low maintenance costs due to recent renovations, this is a turnkey investment you don't want to miss. Don't let this opportunity pass—schedule a showing today!
Location
State TX
County Cameron
Area 5376
Interior
Heating Central,Electric
Flooring Tile
Exterior
Exterior Feature None
Parking Features Two Car Garage
Garage Description 2
Fence None
Building
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Champion
Middle Schools Perkins
High Schools Rivera
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://tour.usamls.net/155-N-Iowa-Brownsville-TX-78521/unbranded