2504 31st Lane
Mcallen,
TX
78501
Property Details
List Price: |
$275,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
2580 |
Agency: |
RGV Venture Capital, LP d/b/a Keller Williams Real |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1989 |
Notes: |
Welcome to your next investment opportunity! This charming 4plex presents an excellent prospect for both seasoned and new investors. Located in a thriving area of McAllen less than 1 mile from STC and Nikki Rowe High school, this property offers 4 1-bedroom 1-bathroom units. Each unit provides comfortable living spaces and convenience. This property is situated in central McAllen & enjoys proximity to a range of amenities including shopping centers, restaurants, schools, and parks and provides tenants with a covered car port parking space. Refrigerators, stoves/ovens, washers and dryers convey with the sale. This cash flowing 4-plex is leasing three units to long term tenants for $655, $600, $550, and the 4th unit is being leased as a short term rental. This property presents an excellent income-generating opportunity since there is still room for greater cash flow based on comparable units nearby indicating these apartments can be rented at $750. Schedule a showing today! |
MlsNumber: |
432008 |
Estimate Your Monthly Payment
Listing Provided By: |
RGV Venture Capital, LP d/b/a Keller Williams Real, original listing |
Name: |
RGV Venture Capital, LP d/b/a Keller Williams Real |
Phone: |
(956) 566-8377 |
Office Name: |
Keller Williams Realty Rgv |
Office Phone: |
(956) 928-1155 |
Agent Name: |
Jalyssa Garza |
Disclaimer: |
Copyright © 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |