$599,000

Multi Family In Penitas

  • 10,164 Sqft
  • 1.01 Ac lot
  • Updated: June 1
  • Source:
    Greater McAllen Association of REALTORS  MLS#505572

About the Property

Attention All Investors!

Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! Located just north of U. S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all
Attention All Investors!

Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! Located just north of U. S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all currently occupied (leased), ensuring immediate cash flow.

Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you’re looking to expand your portfolio or make a solid investment, this property is a growing and excellent location.

Hurry and take advantage of this fantastic opportunity before it’s gone!
  • Property type

    Other

  • Floors

    1

  • Year built

    2003

  • Price/sqft

    $58

Explore the Area

1502 Diamond Avenue, Penitas, Texas, United States View on Google Maps
Price per sqft
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Real Estate Professionals - Mcallen

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Real Estate Professionals - Mcallen
Texas, United States
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3
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2026
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Real Estate Professionals - Mcallen
Mcallen, Texas, United States
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Last updated
June 1
First listed
Jun 1
Listing reference
505572
Listing status
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