2709, 2713 & 2800 N 30th Street, Mcallen, TX 78501

$1,199,000
11,700
SqFt

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List Price
$1,199,000
Status
ACTIVE
MLS#
509872
Living Area
11,700
Year Built
1984

Property Description

Excellent value-add investment opportunity in the heart of McAllen, TX. This 18-unit multifamily property consists of six, 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 with gross annual income potential to exceed $156,000. All units are 1 bed / 1 bath and range from 625 – 700 square feet. Situated on corner lots with 18+ parking spaces, the property is centrally located near schools, businesses, and major commercial corridors. Ideal for investors seeking strong cash flow with upside potential.

Additional Information

Area
Mcallen
Subdivision
La Hacienda Estates
Taxes
$22,796
Stories
1
Interior Features
Ceiling Fan(s)
Amenities
Sidewalks, Street Lights
Exterior Features
Mature Trees, 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.

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Calculator source: Real Geeks

Listing courtesy of Aurora Trevino with Aurora International Real Estate