$499,000

Quadruplex In Edinburg

  • 4,200 Sqft
  • 11,199 Sqft lot
  • Updated: September 10
  • Source:
    Greater McAllen Association of REALTORS  MLS#514797

About the Property

Prime Edinburg investment opportunity just minutes from UTRGV and the city’s most popular shopping, dining, medical, and entertainment destinations! Built in 2020, this well-positioned fourplex offers approximately 4,200 square feet with two spacious 3-bedroom/2-bath units and two 2-bedroom/2-bath units. Current rents generate $4,065 per month and $48,780 annually, with an estimated NOI of $34,737
Prime Edinburg investment opportunity just minutes from UTRGV and the city’s most popular shopping, dining, medical, and entertainment destinations! Built in 2020, this well-positioned fourplex offers approximately 4,200 square feet with two spacious 3-bedroom/2-bath units and two 2-bedroom/2-bath units. Current rents generate $4,065 per month and $48,780 annually, with an estimated NOI of $34,737—delivering an attractive 6.96% cap rate at the $499,000 asking price. A strong addition to any investor’s portfolio with excellent rental appeal and long-term growth potential. There is also plenty of room to increase the rents and the price is still negotiable !
  • Property type

    Other

  • Floors

    1

  • Year built

    2020

  • Price/sqft

    $118

Features

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2802 Primrose Avenue, Edinburg, Texas, United States View on Google Maps
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Winners Circle - Mcallen

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Winners Circle - Mcallen
Texas, United States
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28
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2025
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Winners Circle - Mcallen
Mcallen, Texas, United States
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Last updated
September 10
First listed
Sep 10
Listing reference
514797
Listing status
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