For Sale 78504 McAllen
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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!
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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.
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6720 N 23rd Street, McAllen, TX 78504. View photos, map, tax, nearby homes for sale, home values, school info...
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