For Sale 78501 McAllen
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Welcome to your next investment opportunity! This charming 4plex presents an excellent prospect for both seasoned and new investors. Located in a thriving area of McAllen less than 1 mile from STC and Nikki Rowe High school, this property offers 4 1-bedroom 1-bathroom units. Each unit provides comfortable living spaces and convenience. This property is situated in central McAllen & enjoys proximity to a range of amenities including shopping centers, restaurants, schools, and parks and provides tenants with a covered car port parking space. Refrigerators, stoves/ovens, washers and dryers convey with the sale. This cash flowing 4-plex is leasing three units to long term tenants for $655, $600, $550, and the 4th unit is being leased as a short term rental. This property presents an excellent income-generating opportunity since there is still room for greater cash flow based on comparable units nearby indicating these apartments can be rented at $750. Schedule a showing today!
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
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2504 31st Lane, McAllen, TX 78501. View photos, map, tax, nearby homes for sale, home values, school info...
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