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Tools
Size
2,580 Sq Ft.
interior
0.28 Acres
Exterior
Financial
$275,000
Change Currency
$107
Price Per Sqft
$4,761
Annual taxes
Listing Details
Quadraplex
Property type
1989
Year Built
10938361
Web Id
432008
MLS ID
72
Days Posted
Description
2504 31st Lane, McAllen, TX 78501
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!
This is an Pending listing.
Broker Office Phone Number: 956-928-1155
Copyright © 2024Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 956-928-1155
Copyright © 2024Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Refrigerator
- Tile Flooring
- Walk-in Closet(s)
- Garage
Price History
date | Price | variance | type |
---|---|---|---|
4/23/2024 | $275,000 | - | Contract |
3/28/2024 | $275,000 | - | Listed |
Listing By: Keller Williams Realty Rgv via Data Source: Greater McAllen Association of Realtors
listing agent: Jalyssa Garza