2421 Vine AVE Active

Mcallen,TX 78501

$ 325000

- Bed

- Bath

3360 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $96

Subdivision Las Palmas

MLS Listing ID 465679

HOA Y/N No

Originating Board Greater McAllen

Year Built 1976

Annual Tax Amount $4,872

Tax Year 2024

Lot Size 6,347 Sqft

Acres 0.1457

Property Sub-Type Quadruplex

Property Description

Investors, come see this amazing value-add opportunity in the heart of McAllen. Situated within eyesight of McHi, this property is located just off 23rd Street in between the major thoroughfares of Nolana and Pecan. Boasting decades of steady rent, full occupancy has never been an issue for the landlord. Each of the 4 units has 2 bedrooms and 1 bathroom with central A/C, refrigerator, and stove/oven range. The immediate vicinity has seen significant growth over the last year with new retail centers being constructed, pickle ball courts going up, and a Blue Wave Carwash all within walking distance. Rents have not been increased in several years, making this a great opportunity to increase ROI.

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (Other)

Interior

Interior Features Ceiling Fan(s),Split Bedrooms

Heating Central

Cooling Central Air

Flooring Carpet,Tile

Appliance Electric Water Heater,Electric Cooktop,Refrigerator,Stove/Range-Electric Coil

Laundry Laundry Area,Washer/Dryer Connection

Exterior

Exterior Feature Balcony

Carport Spaces 4

Fence None

Community Features None

Utilities Available Cable Available

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Alley,Mature Trees,Sidewalks

Faces Heading South on 23rd Street from Nolana, take a right on Vine Avenue. The property is on the left-hand side at 2421 Vine Avenue.

Story 2

Foundation Slab

Sewer City Sewer

Structure Type Brick,HardiPlank Type

New Construction No

Schools

Elementary Schools Seguin

Middle Schools De Leon

High Schools Rowe H.S.

Others

Tax ID L335000000000301

Security Features Smoke Detector(s)

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