$495,000

Quadruplex In Alton

  • 4,032 Sqft
  • 11,524 Sqft lot
  • Updated: June 23
  • Source:
    Greater McAllen Association of REALTORS  MLS#507819

About the Property

Don’t miss this fully occupied, income-producing four-plex located in the desirable Sunterra Subdivision. Generating approximately $53,400 in annual gross income with a current Net Operating Income (NOI) of approximately $35,255, this property is offered at an attractive 7.12% cap rate. 3 bedrooms and 2 bathrooms with functional layouts designed to attract and retain quality tenants. All units inc
Don’t miss this fully occupied, income-producing four-plex located in the desirable Sunterra Subdivision. Generating approximately $53,400 in annual gross income with a current Net Operating Income (NOI) of approximately $35,255, this property is offered at an attractive 7.12% cap rate. 3 bedrooms and 2 bathrooms with functional layouts designed to attract and retain quality tenants. All units include appliances, providing added convenience and value.
Located in a growing area with easy access to schools, shopping, dining, and everyday amenities, this property benefits from strong rental demand and excellent long-term investment potential.

Property Highlights:
Fully leased four-plex
Four 3-bedroom, 2-bath units
Gross Annual Income: $53,400
NOI: Approximately $35,255
Cap Rate: 7.12%
Appliances included
Strong rental history
Prime Sunterra Subdivision location
Immediate cash-flow opportunity

Start generating income from day one—schedule your showing today!
  • Property type

    Other

  • Floors

    1

  • Year built

    2024

  • Price/sqft

    $122

Features

  • Walk In Closet
  • Garage
  • Investment Property
  • Washer Dryer
  • Laundry Room

Explore the Area

2813 E Israel Avenue, Mission, Texas, United States View on Google Maps
Price per sqft
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Effective Real Estate - Mcallen

Joined 9 months ago
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Effective Real Estate - Mcallen
Texas, United States
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7
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2025
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Effective Real Estate - Mcallen
Mcallen, Texas, United States
View agency profile
Last updated
June 23
First listed
Jun 23
Listing reference
507819
Listing status
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