2802 Primrose Avenue, Edinburg, TX 78541
- $499,000
- 4,200
- SqFt
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 514797
- Living Area
- 4,200
- Lot Size (Acres)
- 0.2571
- Year Built
- 2020
Property Description
Prime Edinburg investment opportunity just minutes from UTRGV and the city’s most popular shopping, dining, medical, and entertainment destinations! Built in 2020, this well-positioned fourplex offers approximately 4,200 square feet with two spacious 3-bedroom/2-bath units and two 2-bedroom/2-bath units. Current rents generate $4,065 per month and $48,780 annually, with an estimated NOI of $34,737—delivering an attractive 6.96% cap rate at the $499,000 asking price. A strong addition to any investor’s portfolio with excellent rental appeal and long-term growth potential. There is also plenty of room to increase the rents and the price is still negotiable !
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Additional Information
- Area
- Edinburg
- Subdivision
- Mccoll Manor
- Taxes
- $11,044
- Tax Year
- 2025
- Stories
- 1
- Interior Features
- Ceiling Fan(s), Dryer, Microwave, Washer
- Amenities
- Curbs, Gated, Sidewalks, Street Lights
- Living Area
- 4,200
- Exterior Features
- Sprinkler System
- Community Features
- Curbs, Gated, Sidewalks, Street Lights
- Lot Size
- 11,198
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- Edinburg ISD
- Elementary School
- Zavala
- Middle School
- B.L. Garza
- High School
- Edinburg North H.S.
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Listing courtesy of Avinaash Nash Buxani with Winners Circle