INVESTOR'S DREAM: TWO HOUSES ON ONE LOT! RENOVATION POTENTIAL, DESIRABLE LOCATION. DON'T MISS OUT!

Rent: $75,500
414 S 16th St Donna, TX Usa

About 414 S 16th St:

Calling all Investors and Potential Buyers! We have an incredible opportunity for you to invest your money wisely. This property features not one, but two houses on the same lot, both of which have been used as rental properties. Let's dive into the details and see why this is an investment opportunity you won't want to miss.

First up, we have a charming two-story home with two bedrooms and one bathroom. This house offers a cozy and intimate living space, perfect for small families or couples looking for a comfortable home. With some tender loving care, this property has the potential to be transformed into a beautiful living space that tenants will be eager to call home.

Next, we have a larger house with three bedrooms and one bathroom. This spacious property provides ample room for families and individuals seeking more space. With a little TLC, this house can be turned into a dream home for potential tenants. The additional bedroom provides flexibility and makes this property even more appealing to a wide range of renters.

Now, let's talk about the potential this property holds. Both houses are in need of some tender loving care, but that's where the opportunity lies. By investing in the renovation and refurbishment of these homes, you can significantly increase their value and attract high-quality tenants. The demand for rental properties is constantly growing, and by offering updated and well-maintained homes, you are positioning yourself for long-term success and profitability.

Additionally, the fact that both houses are located on the same lot is a major advantage. This setup provides convenience for both tenants and landlords. Tenants will appreciate the privacy and independence that comes with having their own house, while landlords will benefit from having multiple rental units in one location. This arrangement also streamlines management and maintenance processes, making it easier for you to oversee the properties and maximize your investment.

Beyond the individual houses, the location of this property is also worth highlighting. Ideally situated in a desirable neighborhood, this property is surrounded by amenities, schools, parks, and other essential services. Such proximity to amenities enhances the appeal of the rental units, making them even more attractive to potential tenants. As a result, you can expect steady demand and favorable rental rates, ensuring a consistent cash flow and a healthy return on investment.

In summary, this property presents a unique opportunity for investors and potential buyers looking to make a smart investment. With two houses on the same lot, both in need of some TLC, you have the chance to add value and create attractive rental units. The location, coupled with the growing demand for rental properties, ensures a stable income stream and the potential for long-term profitability. Don't miss out on this fantastic investment opportunity – come and take a look today!

Features of Property

Type

Single family residence, residential

Year Built

Built in 1971

Heating

No data

Other

No data

Parking

2 Carport spaces

Lot

5,000 sqft

Price/sqft

$44 price/sqft

Location

Features of Building

Bedrooms & bathrooms
Bedrooms

3

Bathrooms

3

Full bathrooms

2

1/2 bathrooms

1

Primary bedroom
Features

None

Dining room
Description

Living Area(s): 2

Living room
Description

Living Area(s): 2

Flooring
Flooring

Vinyl

Appliances
Included Appliances

Electric Water Heater, No Conveying Appliances

Laundry features

Laundry Area

Interior features
Window features

No Window Coverings

Interior features

Laminate Counters, Ceiling Fan(s)

Other interior features
Total structure area

1,704

Total interior livable area

1,704 sqft

Parking
Total spaces

2

Parking features

Attached, No Garage

Covered spaces

2

Carport spaces

2

Property
Exterior features

Manual Gate, Mature Trees

Patio & porch details

Covered Patio, Deck/Balcony/Porch

Fencing

Chain Link

Lot
Lot size

5,000 sqft

Lot features

Mature Trees

Other property information
Parcel number

M410000004001800

Type & style
Home type

SingleFamily

Property subType

Single Family Residence, Residential

Material information
Construction materials

Siding

Foundation

Pillar/Post/Pier

Roof

Shingle

Condition
Year built

1971

Utility
Sewer information

Public Sewer

Green energy
Energy efficient items

None

Community
Community

None

Location
Region

Donna

Subdivision

Middle-Donna

Other facts
Road surface type

Paved

Property Agent

Monica Benavides Team

THE MBTEAM