$293,000
Active
221 Days Online
3 Beds3 Baths3,060 SQFT
Active

912 N 29th Street Mcallen, TX 78501

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This unique property is a new investor's dream. Income producing Duplex - 2 bedrooms 1 bath, with a 3 bedroom 2 bathroom HOME sits directly across the street from the STC Pecan campus. Roof and AC was replaced 7 years ago, brand new water heaters in all three units. Don't wait, take the opportunity! Currently this property generates $2250 a month in rent but should be correctly priced at $2750 a month with proper rent increases. After some renovations home should easily rent for $1750 and each Apt. for $800 for a grand total of $3250. If held long enough STC could potentially buy out the subdivision, handsomely above market value.

  • Property TypeMulti-Family
  • NeighborhoodIvy Terrace
  • CountyHidalgo
  • Taxes$6,289
  • HOA/Condo/Coop Fees$0
  • Days on Site220 Days
  • MLS StatusActive
  • MLS ID Number414470
  • Home Size Source N/A
  • Year Built1981
  • Lot Size0.2324 Acres
  • Full Baths3
  • Partial BathsN/A

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Schools

School District
McAllen ISD
Elementary School
Alvarez Elementary School
Middle School
Lincoln Middle School
High School
McAllen H.S.

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Monthly Payment (Est.)

$1,563
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