$550,000
For Sale
2501 W State Highway 107
McAllen, TX 78504
8405 sqft | #391250
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Description
Multifamily value-add investment opportunity. Property includes 9 units and an 1,899 sq. ft. residential home on a separate. Total land measures 1.43 acres (property measures 336 x 186). Property is currently vacant allowing for a rehab and lease at market value. Subject property is located near intersection of 107 and 23rd in McAllen. High traffic growing area within minutes of Tres Lagos, UTRGV, restaurants and retail. Adjacent property on the South side is a future 4-plex subdivision. Owner is currently looking at all offers and will be making a decision on January 6th at 5p.m.
Interior Details
Interior Features
- Interior:Other
Property Details
Property
- Exterior materials:Other
Measurements
- Acres:1.432
- Square Feet:8405
Construction Details
Type & Style
- Property type:Investment
Condition
- Year built:1984
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Sewer information:Septic Tank
- Utility source:Public
Community and Neighborhood Details
Location
- Elementary School:Cavazos
- Middle School:Longoria
- High School:Vela H.S.
- County:Hidalgo
Community
- Subdivision:Texas Mexican Railway
Financial Details
Pricing Details
- Original List Price:$675, 000
Other
Source
- MLS #:391250
Location
Legal
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Last Updated: . Source: GMAR
Listing Courtesy
Listing Agent: Marcos (Marc) Moran (#824021032)
Listing Office: Coldwell Banker La Mansion (#58)
Ricky AllenReal Estate Group
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