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Listed by Grand Realty & Associates, LLC
$ 420,000
Est. payment /mo
Active
608 Iris Ave. Mcallen, TX 78501
9,117 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,117 sqft
Price per Sqft $46
Subdivision Greenway Terrace
MLS Listing ID 29778163
Year Built 1975
Lot Size 9,147 Sqft
Property Sub-Type Multi Family
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!
Location
State TX
County Hidalgo
Area 9117
Interior
Heating Central, Electric
Appliance Electric Water Heater, Refrigerator
Laundry Common Area
Exterior
Exterior Feature None
Parking Features 4 or More Car Garage, Detached
Fence None
Garage Yes
Building
Lot Description None
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Milam
Middle Schools Cathey
High Schools Memorial
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional