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
172 days
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42
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4
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Zillow last checked:
Listing updated:
Listed by:
Aurora Trevino956-221-0204,
Aurora International Real Estate
Source: Greater McAllen AOR,MLS#: 492789
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Has Heating (Unspecified Type)
Cooling
Central Air, Electric
Appliances
Included: Electric Water Heater, Water Heater (Other Location), Microwave, Refrigerator, Stove/Range
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.