220 5th Street

Weslaco, TX 78596

$240,000

Beds: N/A
Baths: N/A
Square feet: 3,318
Lot: 0.14 acres
Year built: 1948
Type: Multi-family
Status: For Sale
MLS #: 464221

Mortgage estimate

$1,854/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

Adjust the estimate

Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

SHORT SALE APPROVED AT 240K!!! Great Deal! 6-unit income-producing property in the heart of Weslaco offered at a compelling price point. The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today’s renters along with additional upside potential through continued improvements. Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants. Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential. Showings are by appointment only due to occupancy.

Features

Schedule a tour

When would you like to visit?

Pick a day that works. We will confirm a time within a few hours. In-person or video tours available.