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1108 W Fern

Mcallen, TX 78501
  • $1,200,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 393972
UPDATED: 96 min ago
$1,200,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,874
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $695-810/month. They all include a stove, refrigerator, storage room, and balcony. NEW: Income-producing Laundry Facility; new asphalt, parking stripes, and curb stop in front and rear parking; landscaping in courtyard and sides of the building; and 8 units fully renovated. A multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $107,760 GOI. This property is an investment opportunity waiting to be added to your investment portfolio!

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© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2022-12-03T00:16:48.777.
www.keyrealtyrgv.com/homes/134867059
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1108 W Fern Mcallen, TX 78501

  • Price: $1,200,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 96 min ago
  • MLS #: 393972
0
Beds
0
Baths
0
½ Baths
0.29
Acres
7,874
SQFT
$152
$/SQFT
1976
Built
Neighborhood:
Broadlawn Terrace
County:
Hidalgo
Area:
Mcallen
Elementary School:
Milam
Middle School:
Morris
High School:
Mcallen H.S.
School District:
Mcallen ISD
Property Description
One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $695-810/month. They all include a stove, refrigerator, storage room, and balcony. NEW: Income-producing Laundry Facility; new asphalt, parking stripes, and curb stop in front and rear parking; landscaping in courtyard and sides of the building; and 8 units fully renovated. A multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $107,760 GOI. This property is an investment opportunity waiting to be added to your investment portfolio!
Exterior Features

Carport Spaces 8 Carport YN Yes Construction Materials Brick Covered Spaces 8 Fencing None Foundation Details Slab Garage YN No Other Structures Laundry Facility Parking Features AttachedNo GarageGarage Faces Rear Parking Total 8 Patio And Porch Features Covered Patio Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterRefrigeratorStove/Range Cooling Central Air Cooling YN Yes Flooring Tile Heating Central Heating YN Yes Interior Features None Laundry Features Laundry Area

Property Features

Association YN No Community Features Curbs Green Energy Efficient None Maintenance Expense 0 New Construction YN No Other Expense 830 Property Sub Type Multi Family Sewer City Sewer Tax Annual Amount 10805 Tax Year 2022 Water Source Public

Listing by Tana Springer of Exp Realty, Llc: 888-519-7431.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2022-12-03T00:16:48.777.
 
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Key Realty
8025 N. 10th Street #170
McAllen TX, 78504