1521 Nolana AVE Active

Mcallen,TX 78504

$ 875000

- Bed

- Bath

8092 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,092 sqft

Price per Sqft $108

Subdivision Larkspur

MLS Listing ID 469085

HOA Y/N No

Originating Board Greater McAllen

Year Built 1980

Annual Tax Amount $15,302

Tax Year 2025

Lot Size 0.258 Acres

Acres 0.2581

Property Sub-Type Multi Family

Property Description

Discover this stunning 10-plex complex that has just hit the market! Located in a highly desirable area, this property is a must-see. It consists of 10 units, including 2 units with 3 bedrooms and 1.5 baths, as well as 8 units featuring 1 bedroom and 1 bath, making it an ideal investment. There are 10 electric meters (each tenant pays their own light) and 1 water meter ( landlord pays for tenants).
Not only is it in a great location, but many of the units have been updated. The seller has remodeled most of them, and the roof was replaced around 2020. Currently, the total rental income for all 10 units is $7,350.
Don't miss the chance to make this investment property yours!

Location

State TX

County Hidalgo

Community Other

Rooms

Other Rooms Laundry Facility

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater,Other

Laundry Laundry Area

Exterior

Exterior Feature BBQ Pit/Grill

Carport Spaces 10

Fence Wood

Community Features Other

View Y/N No

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Faces Going on Bicentennial North, turn right on Nolana Ave, complex will be to the right.

Story 2

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Milam

Middle Schools Morris

High Schools Mcallen H.S.

Others

Tax ID L295000008000100

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