6720 N 23rd Street Mcallen, TX 78504
Welcome to your next lucrative investment opportunity! This 16-unit apartment complex boasts 6 beautifully remodeled 2-bed, 2-bath units leasing at $1000+ per month, 9 additional 2-bed, 2-bath units at $800+ each, and a cozy 1-bed, 1-bath unit at $700. With a solid monthly gross rental income of $14, 200, this property promises excellent returns. Tenants handle electric bills while the owner covers water expenses. Recent upgrades include new asphalt, siding, and roofs for both buildings, alongside fresh exterior paint. Step into convenience with our newly remodeled on-site laundromat, providing added value for tenants and streamlining management operations. Laundromat income is not included in gross income calculations. Enjoy increased rents by 110% or more, reflecting enhanced value. Don't miss out on this prime investment opportunity!
- Property TypeMulti-Family
- NeighborhoodRedbud #2
- CountyHidalgo
- Taxes$20,500
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID Number430194
- Home Size Source N/A
- Year Built1980
- Lot Size0.5269 Acres
- Full Baths16
- Partial BathsN/A
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