About This Home
This 12-bedroom, 12-bathroom residential multi family at 1801 Midlane Dr in Harlingen, TX is listed for $813,000 ($138 per sqft). Built in 2003, the home offers 5,880 sqft of living space on a 0.84 acres lot.
Key Features
- Built in 2003
- 0.84 acre lot
Property Details
Amenities
PORTFOLIO INVESTMENT OPPORTUNITY: Rare chance to acquire 3 contiguous, fully leased duplexes (6 total units) on Midlane Dr in Harlingen! Generating $68,400 in gross annual income ($5,700/mo combined total across 1801, 1805, and 1809 Midlane Dr), this 100% occupied portfolio offers instant, predictable cash flow.
All units feature in-demand 2-bedroom, 2-bathroom floor plans with expansive private backyards, giving you a distinct leasing advantage over standard multi-family properties. Positioned just minutes from I-2 and I-69E for effortless management of all 6 side-by-side units. Prime acquisition for portfolio growth or a 1031 exchange replacement property!
Monthly Cost Estimate
$4,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1801 Midlane Dr
Harlingen, TX 78552
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Appliances
Questions & Answers
This 12-bedroom, 12-bathroom residential multi family at 1801 Midlane Dr is listed at $813,000 ($138/sqft). The estimated monthly payment is $4,348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2003, 0.84 acre lot. Interior Features: Cabinets-Manufactured, Ceiling Fan(s), Ceilings-Elevated. Exterior Features: Fence - Privacy, Patio.
This property is listed by Myra Garcia and can be reached at 9566064688.