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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,290 sqft
Subdivision Montecito
MLS Listing ID 410537
Sold Date 12/11/23
HOA Fees $50/ann
HOA Y/N Yes
Originating Board Greater McAllen
Year Built 2020
Annual Tax Amount $11,360
Tax Year 2022
Lot Size 10,545 Sqft
Acres 0.2421
Property Description
100% FULLY LEASED. ABOVE 54100$ GROSS INCOME. CORNER LARGE LOT. MONTHLY RENT 4515$. 1 LEASE Coming up for. Renewal. GATED Community. Roof STUCCO. POSITIVE CASH FLOW and LOW Maintenance. PRIME LOCATION. ALL STAINLESS STEEL Kitchen Appliances. FRIDGE, WASHER, DRYER Included in all 4 units. Kitchens have modern custom cabinets with granite countertops. Spacious bedrooms with large closets. 8 Carport Spaces Included. Tenants pay for electricity, internet, cable, etc. The owner pays for trash and home meter water and electricity and landscape. All units have their own private fenced backyard. Great Investment Opportunity and Immediate Cash Flow as all units are leased! There are 5 electrical meters and 5 water meters on the property. Pictures were taken from another lot with a similar floor plan. See agent remarks for the realtor bonus.
Location
State TX
County Hidalgo
Community Gated, Planned Unit Development (Pud), Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Dryer, Microwave, Washer
Heating Central, Zoned, Electric
Cooling Central Air, Zoned, Electric
Flooring Tile
Appliance Electric Water Heater, Tankless Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
Laundry Laundry Closet, Washer/Dryer Connection
Exterior
Exterior Feature Sprinkler System
Carport Spaces 8
Fence Wood
Community Features Gated, Planned Unit Development (PUD), Sidewalks, Street Lights
Utilities Available Cable Available
Waterfront No
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot, Professional Landscaping, Sidewalks, Sprinkler System
Faces On 69C Take Exit Monte Cristo Rd. Turn Right and drive for half a mile. Montecito will be on the right.
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Stucco
New Construction No
Schools
Elementary Schools Truman
Middle Schools B.L. Garza
High Schools Edinburg North H.S.
Others
Tax ID M574500003002500
Security Features Smoke Detector(s)
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