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2709 & 2713 N 30th St, McAllen, TX, 78501

4beds
4baths
7,500sqft
$875,000
$117price/sqft
$7,181/moest. monthly cost
$287,240/yrincome needed

About This Home

Excellent value-add investment opportunity in the heart of McAllen, TX. This 12-unit multifamily property consists of four, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream. All units are 1 bedroom / 1 bathroom and are approx. 625 square feet and come with one parking spot. The property is centrally located near schools, businesses, and major commercial corridors. This property can be purchased as 12 units or together with a neighboring property (same owner) to total 18 units - ideal for investors seeking strong cash flow with upside potential.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

6/10
Alvarez Elementary SchoolGrades PK-50.3 mi
5/10
De Leon Middle SchoolGrades 6-82.1 mi
6/10
Rowe High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater (Other Location),Microwave,Refrigerator,Stove/Range
  • Laundry features: Laundry Closet,Washer/Dryer Connection

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Ceiling Fan(s)
  • Window features: Double Pane Windows
  • Flooring: Tile

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 7,500
  • Total interior livable area: 7,500 sqft

Property

Details

  • Parcel number: L106000000003100

Features

  • Exterior features: Sprinkler System
  • Fencing: None

Lot

  • Lot size: 0.40 Acres
  • Features: Alley,Corner Lot,Irregular Lot,Sidewalks

Parking

  • Parking features: No Carport,No Garage,Garage Faces Rear