2201 N 32nd Street

McAllen, TX 78501
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For Sale
Under Contract – P
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5,546 Sqft. ($99/Sqft.)
0.42 Lot Acres
Multi-Family

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Description

Now Available for Purchase: Fully Occupied 8-Plex in McAllen, TX! Located in a thriving area known for its economic growth and vibrant community, the property benefits from its proximity to local amenities, including shopping centers, restaurants, parks, and educational institutions, making it an attractive option for tenants and a strategic asset for investors. The property has been meticulously managed by the same owner for over a decade and their "pride of ownership" is readily apparent. The 2-story property features eight units, each offering approximately 700 square feet of living space with 2 bedrooms and 1 bathroom. It is a rarity to have a vacancy. The property's competitive pricing, combined with McAllen's steady rental market, positions this complex as a solid investment with potential for cash flow and capital appreciation. Financial details, including rental income, operating expenses, and net operating income, are available upon request to interested investors.

MLS#
GMARTX-428931
List Price
$550,000 ($99/Sqft.)
Listing Status
Under Contract – P
Address
2201 N 32nd Street
City
State
TX
Zip Code
Subdivision
La Lomita Estates
Property Type
Multi-Family
Building Size
5,546 Sqft/Appraisal District
Architecture Style
Other
Year Built
1996 /Appraisal District
Lot Size
0.42 Lot Acres/Appraisal District

Exterior

Roof
Composition Shingle

Interior

Floors
Tile
Appliances
Range - Electric, Refrigerator

Lot information

Lot Size
0.42 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Greater McAllen Association of Realtors
Source last updated May 02, 2024 at 02:45 AM
Listing last updated Mar 26, 2024 at 02:42 AM
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2201 N 32nd Street, McAllen, TX 78501. View photos, map, tax, nearby homes for sale, home values, school info...

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