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505 N 12TH ST.

MCALLEN, TX 78501
  • $330,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 29755608
UPDATED: 36 min ago
$330,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,841
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

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

Description

Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.

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© 2024 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2024-09-11T21:51:24.313.
www.troygilesrealty.com/homes/153432547
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505 N 12TH ST. MCALLEN, TX 78501

  • Price: $330,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 36 min ago
  • MLS #: 29755608
0
Beds
0
Baths
0
½ Baths
0.33
Acres
3,841
SQFT
$86
$/SQFT
1976
Built
Neighborhood:
North Mcallen
County:
Hidalgo
Area:
Mcallen
Elementary School:
Wilson
Middle School:
Travis
High School:
Mcallen
School District:
Mcallen I.S.D.
Property Description
Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.
Exterior Features

Construction Combination Exterior Features Outbuilding(s) Exterior Siding BrickWood Siding Fence Type Chain Link Garage Details 4+ CarAttachedCarport Location Features Corner LotSidewalks Outbuildings Laundry FacilityOther Parking Spaces 6.00 Stories Two Street Type Paved

Interior Features

Conveying Appliances RangeRefrigerator Energy Features None Flooring Other Heating System None Interior Features Ceiling Fan(s) Special Features Street Parking Water Heater Electric

Property Features

Community Amenities None Multifamily Type Multiplex (2-10) Proposed Financing CashConventionalFHAVA Loan REO No Sewer Public Sewer Water Public

Listing provided courtesy of Marsha Acosta of Coldwell Banker La Mansion Real Estate: 9566311322. © 2024 Harlingen Board of Realtors Multiple Listing Service.
© 2024 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2024-09-11T21:51:24.313.
 
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