3115 E Diamondhead Avenue, Mission TX 78573, Mission, Hidalgo, Residential Income

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/mo totaling $3,600 – $3,850/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 $900, Apt B $850, Apt C $900 & Apt D $900. Situated on a street lined w/other 4-plexes, as new
as 2015, indicating strong demand & profitability.