2709 & 2713 N 30th Street, Mcallen, TX 78501

$850,000
7,500
SqFt

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List Price
$850,000
Status
ACTIVE
MLS#
509870
Living Area
7,500
Lot Size (Acres)
0.39690000000000003
Year Built
1989

Property Description

Excellent value-add investment opportunity in the heart of McAllen, TX. This 12-unit multifamily property consists of four, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream. All units are 1 bedroom / 1 bathroom and are approx. 625 square feet and come with one parking spot. The property is centrally located near schools, businesses, and major commercial corridors. This property can be purchased as 12 units or together with a neighboring property (same owner) to total 18 units - ideal for investors seeking strong cash flow with upside potential.

Additional Information

Area
Mcallen
Subdivision
La Hacienda Estates
Taxes
$15,197
Stories
1
Interior Features
Ceiling Fan(s)
Amenities
Curbs, Sidewalks, Street Lights
Exterior Features
Sprinkler System
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
City Sewer
School District
McAllen ISD
Elementary School
McAuliffe
Middle School
De Leon
High School
Rowe H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Aurora Trevino with Aurora International Real Estate