608 W Iris Ave, Mcallen, TX 78501

$420,000
9,117
SqFt

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List Price
$420,000
Status
ACTIVE
MLS#
29778163
Living Area
9,117
Lot Size (Acres)
0.21
Year Built
1975

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!

Additional Information

Area
McAllen
Subdivision
Greenway Terrace
Heating
Central, Electric
School District
Mcallen I.S.D.
Elementary School
Milam
Middle School
Cathey
High School
Memorial

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Grand Realty & Associates, LLC.