2800 N 30th Street, Mcallen, TX 78501

$450,000
4,200
SqFt

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List Price
$450,000
Status
ACTIVE
MLS#
509865
Living Area
4,200
Lot Size (Acres)
0.22260000000000002
Year Built
1983

Property Description

Excellent value-add investment opportunity in the heart of McAllen, TX. This 6-unit multifamily property consists of two, 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. All units are 1 bedroom / 1 bathroom and are approx. 700 square feet and come with one parking spot. The property is centrally located near schools, businesses, and major commercial corridors. This property can be purchased as 6 units or together with neighboring properties (same owner) to total 12 or 18 units - ideal for investors seeking strong cash flow with upside potential

Additional Information

Area
Mcallen
Subdivision
La Hacienda Estates
Taxes
$7,598
Stories
1
Interior Features
Ceiling Fan(s)
Amenities
Curbs, Sidewalks, Street Lights
Exterior Features
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.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Aurora Trevino with Aurora International Real Estate