TX > Edinburg > Edinburg Original Townsite
Edinburg, TX 78541,703 E Lovett ST
Edinburg, TX 78541,703 E Lovett ST
Edinburg, TX 78541,703 E Lovett ST
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Listed by Pinnacle Realty Advisors
$219,000
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2,375 SqFt
Active

703 E Lovett ST Edinburg, TX 78541

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Franklin Torres

Franklin Torres

+1(210) 278-6698

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,375 sqft

Subdivision Edinburg Original Townsite

MLS Listing ID 481981

HOA Y/N No

Year Built 1961

Annual Tax Amount $5,815

Tax Year 2024

Lot Size 0.326 Acres

Acres 0.326

Property Sub-Type Triplex

Source Greater McAllen

Property Description

Investment Opportunity! This triplex offers great potential for improvement and increased value, ideally located near UTRGV and the Edinburg Courthouse.

The property is located in two lots with a total area of 0.32 acre and consists of two front units (2 bed / 1 bath each) currently leased at $800 and $550, plus a back unit (1 bed / 1 bath) leased at $550. With some updates, this property has strong upside, perfect for adding to an investment portfolio or for an owner-occupant looking to live in one unit and rent out the others.

Owner Financing Available: Down Payment: 35%, Terms: 30-year amortization at 10% interest, Balloon: 5 years

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features None

Cooling Window Unit(s)

Flooring Other

Appliance Water Heater (Other), Other

Laundry None

Exterior

Carport Spaces 2

Fence Barbed Wire

Community Features None

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Faces Head east on Schunior St, then turn left onto N Veterans Rd. Next, take a left onto E Lovett St. and the house will be on the right.

Story 1

Foundation Pillar/Post/Pier, Slab

Sewer City Sewer

Water Public

Structure Type Aluminum Siding,Block

New Construction No

Schools

Elementary Schools Lincoln

Middle Schools Barrientes

High Schools Edinburg H.S.

Others

Tax ID E330000115001100

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Franklin Torres

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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703 E Lovett ST

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