4,940 SqFt
4,940 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,940 sqft
Subdivision Palmview West
MLS Listing ID 461669
HOA Y/N No
Year Built 2004
Annual Tax Amount $11,356
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
This fully occupied 5-plex offers steady cash flow with 2-bed, 2-bath units. A solid, income-generating asset for investors seeking growth. All units are leased, ensuring immediate returns. The well-maintained property offers a tranquil environment with low tenant turnover, maximizing investment stability. Situated in a desirable area with easy access to local amenities, this 5-plex is an ideal addition to any real estate portfolio. Don't miss out on this income-producing property.
Location
State TX
County Hidalgo
Community Other
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Dryer, Microwave
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Water Heater (Programmable thermostat), No Conveying Appliances
Laundry Laundry Area
Exterior
Exterior Feature Other
Fence Wood
Community Features Other
Utilities Available Cable Available
View Y/N No
Roof Type Shingle
Garage No
Building
Faces To reach 407 S Minnesota Ave, Mission, TX 78572, follow these directions: Starting from Edinburg, TX: Head west on US-83 W toward Mission. Continue on US-83 W for approximately 15 miles. Approaching Mission: Take the exit toward Los Ebanos Rd from US-83 W. Merge onto Frontage Rd. Turn left onto Los Ebanos Rd. Final Steps: Continue on Los Ebanos Rd for about 1 mile. Turn right onto S Minnesota Ave. Your destination, 407 S Minnesota Ave, will be on the left. Please note that 407 S Minnesota Ave is located in Mission, not Palmview. Ensure you are heading to the correct city to avoid any confusion.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Leo
Middle Schools Chavez
High Schools Palmview H.S.
Others
Tax ID P295200000000500
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