1101 Lark AveMcAllen, TX 78504

For Sale
$344,900
Spacious 2-unit duplex, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a well-maintained duplex located at 1101 Lark Avenue in McAllen, Texas, 78504. Built in 2002, this property sits on a generous 15,390 square foot lot and comprises a single building housing two units. Each unit boasts three bedrooms and two bathrooms, providing a combined living space exceeding 3,500 square feet. The property's strategic location in North McAllen, conveniently situated near 10th Street, offers easy access to local amenities and benefits from strong rental demand, making it an ideal choice for investors seeking passive income generation. The asking price for this multifamily property is $344,900. This duplex represents a compelling investment prospect in a thriving Texas market, promising both immediate returns and significant long-term growth potential. The property's size and layout offer flexibility for various investment strategies, making it an attractive option for both seasoned investors and those new to the real estate market. The substantial lot size also presents potential for future expansion or development, further enhancing its investment appeal. This is a turnkey opportunity to acquire a high-performing asset in a desirable location.

Highlights

  • Exceptional investment opportunity: Well-maintained duplex in McAllen, TX.
  • 2002 construction on a large 15,390 sq ft lot.
  • Two 3 bed/2 bath units totaling over 3,500 sq ft.
  • Prime North McAllen location near 10th Street, offering strong rental demand.
  • Asking price: $344,900.

Property Details for 1101 Lark Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2002
Buildings
1
Units
2

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.2604004
Longitude
-98.2221741
1101 Lark Ave, McAllen, Texas

FAQs

What type of property is this?
Apartment building - Spacious 2-unit duplex, excellent rental income.
Where is the apartment building located?
The property is located at 1101 Lark Ave McAllen, TX.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Exceptional investment opportunity: Well-maintained duplex in McAllen, TX.; 2002 construction on a large 15,390 sq ft lot.; Two 3 bed/2 bath units totaling over 3,500 sq ft.
How can I contact the broker?
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1101 Lark Ave
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