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  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Residential Income
Size 12880 sqft
Garage No
Maintenance Fees $520
Taxes $26,699
Days Active 98
Approx. Age 1989
Avg. Price Per Sqft $83
MLS® Number 465553

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A great time to add cash flow with a multifamily 16 units with onsite laundry facilities generating additional income to your portfolio. As of march 28 2025 only two units are vacant , The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof was replaced in 2019, The property is conveniently close to schools, and a science academy, minutes from the Mercedes Outlet Mall. Washers and Dryers are not leased and were purchased in 2021 along with the gas water heater.Show Description
MLS® Number465553
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Room
Exposure
ExteriorNone
GarageNo
Approx. Age1989
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel

Extras

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