3,952 SqFt
3,952 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,952 sqft
Subdivision Vip Estates
MLS Listing ID 486350
HOA Fees $675/ann
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $6,840
Tax Year 2018
Lot Size 9,252 Sqft
Acres 0.2124
Property Sub-Type Quadruplex
Source Greater McAllen
Property Description
This isn't a fixer or a gamble — it's a cash-flow machine sitting just off the expressway in a secure gated community. Four spacious 2-bed, 2-bath units, each with granite counters, tile flooring, custom cabinetry, laundry rooms, and two covered parking spaces, bring in a steady $31,200+ yearly gross income with dependable, long-term tenants already in place.
Raise rents slightly and you'll add another $1,140 a year to your bottom line without lifting a hammer. It's clean, efficient, and already producing — the kind of property that keeps working while you sleep.
Predictable income. Prime location. Proven tenants.
If you've been waiting for a “plug-and-play” investment with zero guesswork, this is the one.
Location
State TX
County Hidalgo
Community Curbs, Gated, Other, Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Decorative/High Ceilings, Microwave, Other, Walk-In Closet(s)
Heating Zoned, Electric
Cooling Zoned, Electric
Flooring Laminate, Tile
Appliance Electric Water Heater, Dishwasher, Dryer, Microwave, Oven-Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Coil, Washer
Laundry Laundry Room, Washer/Dryer Connection
Exterior
Exterior Feature Mature Trees, Other, Sprinkler System
Carport Spaces 2
Fence Privacy, Wood
Community Features Curbs, Gated, Other, Sidewalks, Street Lights
View Y/N No
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Lot Description Mature Trees, Professional Landscaping, Sidewalks
Faces Going West on Ferguson Ave, turn North onto Erica St. The units will be on the West side.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ramirez
Middle Schools Liberty
High Schools Psja North H.S.
Others
Tax ID V012500000002900
Security Features Smoke Detector(s)
Special Listing Condition Real Estate Owned
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