Multi-Unit (12 Unit Apartments). Each unit has it own independent water and electrical meter. Corner lot has potential to grow, out of the 17,352 sqft lot, only 6,652 sqft has been used for building. There is still 10,700 sqft of untapped land to build 12 more apartments and added ROI value. Property has been remodeled. Gross Annual Income $128,400.
For sale
Price cut: $325K (3/6)
$1,250,000
1303 Philadelphia St, Laredo, TX 78041
--beds
2baths
554sqft
Est.:
Apartment
Built in ----
-- sqft lot
$1,192,300 Zestimate®
$2,256/sqft
$-- HOA
What's special
Untapped landCorner lot
- 79 days
- on Zillow |
- 72 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2025 at 01:05pm
Listed by:
Mario Zaragoza 956-282-9675,
Exclusive Broker & Realty, LLC,
Mario Zaragoza 956-282-9675
Source: LAR,MLS#: 20250578
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Central Electric
Cooling
- Central Electric
Appliances
- Included: Electric Water Heater
- Laundry: 1 Bedroom (W/D Hookup)
Features
- Flooring: Tile
Interior area
- Total structure area: 14,855
- Total interior livable area: 554 sqft
Property
Parking
- Parking features: Parking Lot, On Site
Accessibility
- Accessibility features: Handicapped Access
Features
- Fencing: Partial,Chain Link
Lot
- Size: 0.39 Acres
Details
- Parcel number: 166480
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick Veneer
- Roof: Shingle-Composition
Utilities & green energy
- Water: Public
- Utilities for property: Underground Utilities, Sewer Connected
Community & HOA
Community
- Subdivision: Western Division
Location
- Region: Laredo
Financial & listing details
- Price per square foot: $2,256/sqft
- Tax assessed value: $597,016
- Annual tax amount: $3,746
- Date on market: 2/6/2025
- Listing terms: Cash,Conventional
- Lease term: Month To Month
- Total actual rent: 2150
- Road surface type: Paved
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