1208 E Pineridge E Avenue, Mcallen, TX 78503

$598,760
: 5,252
SqFt

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List Price: $598,760
Status: ACTIVE
MLS#: 518097
Year Built: 2018
Living Area: 5,252
Lot Size: 7,999
Acres: 0.18
Subdivision: Las Canadas
MLS Area Major: Mcallen

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Property Description

PRIME INVESTMENT OPPORTUNITY IN SOUTH McALLEN! Don't miss this fully occupied, income-producing fourplex located in a desirable and convenient area! Built in 2018, this well-maintained property features four spacious units, each offering 3 bedrooms, 3 bathrooms, and approximately 1,313 sqft of living space. All four units are currently leased, generating $5,025 in monthly rental income and $60,300 annually! Each unit includes a refrigerator, stove, microwave, washer, and dryer, providing added convenience for tenants. The property also offers 8 parking spaces and is situated in an established community with convenient access to shopping, dining, schools, and major roadways. Whether you're expanding your investment portfolio or looking for a multifamily property with established rental income, this is an opportunity you don't want to miss!

(512) 596-9111

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Additional Information

Amenities: Sidewalks
Exterior Features: Balcony
Taxes: $12,699
Appliances: Electric Water Heater, Electric Cooktop, Dishwasher, Dryer, Microwave, Oven-Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
Heating: Central
Air Conditioning: Central Air
Stories: 2
Foundation: Slab
Parking Features: Garage Faces Front, No Carport, No Garage
School District: McAllen ISD
Elementary School: Palmer
Middle School: Kennedy
High School: PSJA South West H.S.