For Sale
$345,000

525 20Th StMcAllen, TX 78501

High-yield McAllen apartment building, six units.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a six-unit apartment building located at 525 N 20th Street, McAllen, Texas, 78501. The property, built in 1976, sits on a 4,799.876 square foot lot and comprises a single building. The complex offers six individual apartment units, each featuring one bedroom and one bathroom. Recent upgrades significantly enhance the property's value and appeal to tenants. These improvements include new water heaters, new air conditioning units, new tile flooring, new toilets, and new sinks in each unit. Gas stoves are also included in each apartment. The property's location in the heart of McAllen offers convenient access to local amenities, businesses, and transportation routes. This multifamily property presents a strong potential for rental income and represents a compelling investment opportunity in the thriving McAllen market. The asking price for this turnkey investment is $345,000. The property's strong rental history and recent renovations make it an attractive option for investors seeking a stable and profitable addition to their portfolio. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.

Property Details for 525 20Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1976
Buildings
1
Units
6

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.2100968
Longitude
-98.2397774
525 20Th St, McAllen, Texas

FAQs

What type of property is this?
Apartment building - High-yield McAllen apartment building, six units.
Where is the apartment building located?
The property is located at 525 20Th St McAllen, TX.
What is the asking price?
The asking price for this property is $345,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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525 20Th St
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