Mcallen, TX 78501,120 S 4th ST
Mcallen, TX 78501,120 S 4th ST
Mcallen, TX 78501,120 S 4th ST
Mcallen, TX 78501,120 S 4th ST
Mcallen, TX 78501,120 S 4th ST
Mcallen, TX 78501,120 S 4th ST
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Listed by Effective Real Estate
$ 2,450,000

9,968 SqFt


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$ 2,450,000
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9,968 SqFt

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,968 sqft

Subdivision Wilson

MLS Listing ID 459105

HOA Y/N No

Originating Board Greater McAllen

Year Built 1985

Annual Tax Amount $11,505

Tax Year 2023

Lot Size 0.621 Acres

Acres 0.6207

Property Description

Don't miss this chance to acquire this well-located and unique income-producing asset. The property is just steps from popular retail and restaurants and the highly trafficked intersection of Business 83 and 2nd st. All of the units have been professionally remodeled with high-quality finishes, and are turn-key ready for occupancy. The property presents an exciting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units have smart TVs, comfortable beds, dining areas, kitchenettes, and in-unit washers and dryers. High occupancy rate, and fully stabilized asset with excellent income. Financials are available upon request.

Location

State TX

County Hidalgo

Community None, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Dryer, Washer

Cooling Wall Unit(s)

Flooring Tile

Appliance Gas Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer

Laundry None

Exterior

Exterior Feature None

Carport Spaces 32

Fence None

Community Features None, Sidewalks, Street Lights

View Y/N No

Roof Type Flat

Total Parking Spaces 32

Garage No

Building

Faces From business 83 and 2nd st: Go W on business 83, go S on 4th st. The property will be on your right hand side.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stucco

New Construction No

Schools

Elementary Schools Fields

Middle Schools Travis

High Schools Mcallen H.S.

Others

Tax ID W630003000000100

Security Features Smoke Detector(s)

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120 S 4th ST