$330,000
Active
52 Days Online
4 Beds4 Baths3,841 SQFT
Active

505 N 12th Street Mcallen, TX 78501

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Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.

  • Property TypeMulti-Family
  • NeighborhoodNorth Mcallen
  • CountyHidalgo
  • Taxes$7,010
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusActive
  • MLS ID Number446232
  • Home Size Source N/A
  • Year Built1976
  • Lot Size0.33 Acres
  • Full Baths4
  • Partial BathsN/A

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Schools

School District
McAllen ISD
Elementary School
Wilson Elementary School
Middle School
Travis Middle School
High School
McAllen H.S.

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Monthly Payment (Est.)

$1,603
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