About 3115 Diamondhead Avenue
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 $850, Apt B $800, Apt C $850 & Apt D $900. Situated on a street lined w/other 4-plexes, as new as 2015, indicating strong demand & profitability.
Features of 3115 Diamondhead Avenue
| MLS® # | 446354 |
|---|---|
| Price | $374,999 |
| Bathrooms | 0.00 |
| Square Footage | 3,640 |
| Acres | 0.22 |
| Year Built | 2007 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 3115 Diamondhead Avenue |
|---|---|
| Subdivision | Villa Real Estates |
| City | Alton |
| County | Hidalgo |
| State | TX |
| Zip Code | 78573 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Attached, Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Other |
|---|---|
| Appliances | Electric Water Heater, Dryer, Other, Stove/Range, Washer |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Mature Trees |
|---|---|
| Lot Description | Curb & Gutters, Mature Trees, Professional Landscaping, Sidewalks |
| Windows | Energy Features (Double Pane Windows) |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Sharyland ISD |
|---|---|
| Elementary | Jensen |
| Middle | Sharyland North Junior |
| High | Sharyland Pioneer H.S. |
Additional Information
| Date Listed | August 27th, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Nacole Ricks |
|---|---|
| Office | Exp Realty Llc |
| Contact Info | 956-207-0456 |