TX > Mcallen > North Mcallen
Mcallen, TX 78501,505 N 12TH ST.
Mcallen, TX 78501,505 N 12TH ST.
Mcallen, TX 78501,505 N 12TH ST.
Mcallen, TX 78501,505 N 12TH ST.
Mcallen, TX 78501,505 N 12TH ST.
Mcallen, TX 78501,505 N 12TH ST.
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Empower Realty Group

Empower Realty Group

+1(956) 467-5896
Listed by Marsha Acosta • Coldwell Banker La Mansion Real Estate
$ 298,000
Est. payment | /mo

0.33 Acres Lot

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$ 298,000
Est. payment | /mo
Save Virtual Tour

0.33 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multiplex (2-10)

Listing Status Active

Purchase Type For Sale

Subdivision North Mcallen

MLS Listing ID 29755608

Year Built 1976

Lot Size 0.330 Acres

Property Sub-Type Multiplex (2-10)

Property Description

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.

Location

State TX

County Hidalgo

Area Mcallen

Interior

Interior Features Ceiling Fan(s)

Heating None

Flooring Other

Exterior

Exterior Feature Combination

Parking Features 4+ Car, Attached, Carport

Fence Chain Link

Community Features None

Building

Story Two

Foundation Combination

Sewer Public Sewer

Schools

Elementary Schools Wilson

Middle Schools Travis

High Schools Mcallen

School District Mcallen I.S.D.

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://tour.usamls.net/505-N-12Th-St-Mcallen-TX-78501/unbranded

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+1(956) 467-5896

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4810 N Raul Longoria Ste 2, Juan, Texas, 78589, United States

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505 N 12TH ST.