608 W Iris Avenue, Mcallen, TX 78501
- $420,000
- 3,224
- SqFt
- List Price
- $420,000
- Status
- ACTIVE
- MLS#
- 508615
- Living Area
- 3,224
- Lot Size (Acres)
- 0.2093
- Year Built
- 1975
Property Description
Exceptional Investment Opportunity – Fully Leased Fourplex in McAllen! Expand your investment portfolio with this fully leased fourplex offering immediate rental income in a convenient McAllen location. This well-maintained multifamily property features a desirable unit mix of 3 bedroom, 2 bath and 2-bedroom, 1.5 bath units, appealing to a broad range of tenants. Residents enjoy the convenience of on-site parking, separate electric meters with tenants responsible for their own electric service, & quick access to many of McAllen’s most popular destinations. Just minutes from H-E-B, shopping centers, restaurants, medical facilities, schools, and the vibrant downtown McAllen district, this property offers the accessibility today’s renters value. Whether you’re expanding an existing portfolio or purchasing your next income-producing property, this fourplex combines a strong location, established occupancy, & excellent long-term investment potential. Schedule your private tour today!
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Additional Information
- Area
- Mcallen
- Subdivision
- Greenway Heights
- Taxes
- $5,751
- Stories
- 1
- Interior Features
- Ceiling Fan(s)
- Amenities
- Street Lights
- Exterior Features
- None
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- McAllen ISD
- Elementary School
- Milam
- Middle School
- Cathey
- High School
- Memorial H.S.
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Listing courtesy of Paola DeLeon with Grand Realty & Associates, Llc