For Sale
$259,900

603 Bicentennial BlvdMcAllen, TX 78501

Two-unit duplex, excellent location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a two-unit duplex located at 603 S Bicentennial Boulevard, McAllen, Texas, 78501. The property, built in 1970, sits on a sizable 7,000 square foot lot and comprises two separate buildings. One unit boasts three bedrooms and one bathroom, while the other offers two bedrooms and one bathroom. Tenants are responsible for their own water and electricity. The property's true value lies in its strategic location. The lot is exceptionally well-situated, with a commercially zoned property directly to the north and a multi-family apartment complex to the south. This prime location offers significant potential for future development or redevelopment, making it an attractive investment for those seeking a high-return property in a rapidly growing area. The asking price for this property is $259,900. The existing structures, while older, provide immediate rental income while the land presents significant long-term upside. This is a rare opportunity to acquire a property with substantial potential in a desirable McAllen location.

Highlights

  • $259,900 asking price.
  • Multifamily property with two units.
  • Two buildings on a 7,000 sq ft lot.
  • Built in 1970.
  • Located at 603 S Bicentennial Boulevard, McAllen, TX 78501.
  • Tenants pay water and electric.

Property Details for 603 Bicentennial Blvd

Property type
Apartment buildings, Small apartment buildings
Year Built
1970
Buildings
2
Units
2

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.1989069
Longitude
-98.2395686
603 Bicentennial Blvd, McAllen, Texas

FAQs

What type of property is this?
Apartment building - Two-unit duplex, excellent location, high potential.
Where is the apartment building located?
The property is located at 603 Bicentennial Blvd McAllen, TX.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: $259,900 asking price.; Multifamily property with two units.; Two buildings on a 7,000 sq ft lot.
How can I contact the broker?
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603 Bicentennial Blvd
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