$495,000

Multi Family In Palmview

  • 8,038 Sqft
  • 11,662 Sqft lot
  • Updated: April 7
  • Source:
    Greater McAllen Association of REALTORS  MLS#496269

About the Property

Income-Producing 8-Plex! Well-maintained property featuring eight 2-bedroom, 1-bath units with strong tenant demand. Seven units are currently leased, with Unit #8 vacant and ready to show. Each unit offers tile flooring throughout, all-wood cabinetry, and included kitchen appliances. Property includes individual water and electric meters, with tenants paying all utilities. Landlord expenses are m
Income-Producing 8-Plex! Well-maintained property featuring eight 2-bedroom, 1-bath units with strong tenant demand. Seven units are currently leased, with Unit #8 vacant and ready to show. Each unit offers tile flooring throughout, all-wood cabinetry, and included kitchen appliances. Property includes individual water and electric meters, with tenants paying all utilities. Landlord expenses are minimal, limited to landscaping and dumpster service (approx. $300/month). Ample parking with 16 covered spaces (two per unit). Conveniently located right off Expressway 83 / W Interstate Hwy 2 and near Cesar E. Chavez Middle School, providing easy access for commuters. Rental increases up to $795/month can be implemented on three units within the next 2–4 months, offering immediate upside. Ideal for investors seeking steady cash flow and future growth potential.
  • Property type

    Other

  • Floors

    2

  • Year built

    1999

  • Price/sqft

    $61

Features

  • Walk In Closet
  • Parking
  • Laundry Room

Explore the Area

3803 Clavel Street, Mission, Texas, United States View on Google Maps
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Big Realty - Edinburg

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Big Realty - Edinburg
Texas, United States
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Big Realty - Edinburg
Edinburg, Texas, United States
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Last updated
April 7
First listed
Feb 19
Listing reference
496269
Listing status
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