2602 Monterrey St, Laredo, Tx 78046

🏢 For Sale: Multifamily Investment – at Laredo, TX 78046 💼 Income-Producing • High-Demand Area • Turnkey Opportunity 💰 Price: $550,000 🏡 Property Overview: This well-maintained two-story multifamily complex features 10 spacious 2-bedroom, 1-bathroom units. Designed for comfort and functionality, the layout and amenities appeal to a wide tenant base, ensuring strong occupancy and steady cash flow. Ideal for investors seeking long-term growth in one of Laredo’s most in-demand rental markets. 📊 Investment Highlights: 🛏️ Unit Mix: 10 units (2BR/1BA each) 🧱 Construction: Brick veneer w/ composition shingle roof 🚗 Parking: On-site lot for tenants 💧 Utilities: Public water & sewer | Underground utilities 🌬️ HVAC: Central electric heating & cooling 🍽️ Appliances Included: Refrigerator, range, electric water heater 🧺 Laundry: In-unit washer/dryer hookups 🧼 Flooring: Concrete throughout 🧱 Security: Masonry fencing encloses the property 📈 Occupancy: Consistently high tenant demand 📃 Lease Terms: Month-to-month leases 💵 Total Gross Rent: ~$9,000/month (@ $900/unit) 🔑 Why Invest Here? ✅ Stable monthly income ✅ Minimal maintenance requirements ✅ Tenant-friendly design & layout ✅ High rental demand neighborhood ✅ Strong future appreciation potential