request_info_guest false

505 N 12th St

$309,000

505 N 12th St, Mcallen, TX 78501

Active
Last Updated: 12/14/2024

3,841 sqft

Building Size

0.3214 acres

Lot Area

Details:
Building Size:    3,841 sqft
Lot Area:    0.3214 acres
Occupancy:    100%
Units:    4
Year Built:    1976
Floors:    2
Highlights:
  • 3,841 sq. ft. on a 0.33-acre lot
  • Fully occupied with long-term tenants, generating stable rental income
  • Close to the historical and downtown districts
Description:

Prime investment opportunity in McAllen's centrally located Historic District! This fully occupied multi-tenant property features four apartments with long-term tenants, providing steady income from day one. Situated on a 1/3 acre with three buildings, each offering yard space, the property has potential for rent increases with some TLC. Enjoy quick access to major highways, public transportation, and McAllen's vibrant downtown, known for its shopping, dining, and entertainment. Just steps from the nostalgic Casa de Palmas Hotel, Archer Park, the popular food truck park, and the annual McAllen Art Crawl, this property offers both charm and growth potential. Don’t miss this opportunity!

Prime investment opportunity in McAllen's centrally located Historic District! This fully occupied multi-tenant property features four apartments with long-term tenants, providing steady income from day one. Situated on a 1/3 acre with three buildings, each offering yard space, the property has potential for rent increases with some TLC. Enjoy quick access to major highways, public transportation, McAllen Miller International Airport and McAllen's vibrant downtown, known for its shopping, dining, and entertainment. Just steps from the nostalgic Casa de Palmas Hotel, Archer Park, the popular food truck park, and the annual McAllen Art Crawl, this property offers both charm and growth potential. Don’t miss this opportunity!

NORTH MCALLEN LOTS 5 & 6 BLK 19

Map:
Documents:
Title
CBC_-_Brochure__P_.pdf
View
CBC_-_Brochure__P_.pdf
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery