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
Year Built
1984
Living Area
11,700
Subdivision
La Hacienda Estates
MLS Area Major
Mcallen

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

Amenities
Sidewalks, Street Lights
Interior Features
Ceiling Fan(s)
Exterior Features
Mature Trees, Sprinkler System
Taxes
$22,796
Appliances
Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Stories
1
Foundation
Slab
Parking Features
Garage Faces Rear
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