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1108 W Fern

Mcallen, TX 78501
  • $1,000,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 381633
UPDATED: 211 min ago
$1,000,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,874
    SQFT
  • $127
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $600-775/month each with room for rent increases. They all include a stove, refrigerator, storage room, and balcony. 100% Occupied and a multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $88,800 GOI with a potential of $111,600 Again, 100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!

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© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX PLATINUM. Data last updated: 2022-05-25T00:16:36.017.
www.remaxplatinumrgv.com/homes/127990130
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1108 W Fern Mcallen, TX 78501

  • Price: $1,000,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 211 min ago
  • MLS #: 381633
0
Beds
0
Baths
0
½ Baths
0.29
Acres
7,874
SQFT
$127
$/SQFT
1976
Built
Neighborhood:
Broadlawn Terrace
County:
Hidalgo
Area:
Mcallen
Elementary School:
Milam
Middle School:
Morris
High School:
Mcallen H.S.
School District:
Mcallen ISD
Property Description
One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $600-775/month each with room for rent increases. They all include a stove, refrigerator, storage room, and balcony. 100% Occupied and a multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $88,800 GOI with a potential of $111,600 Again, 100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!
Exterior Features

Carport Spaces 8 Carport YN Yes Construction Materials Brick Covered Spaces 8 Exterior Features Balcony Fencing None Foundation Details Slab Garage YN No Lot Features AlleyCurb & Gutters Other Structures Laundry Facility Parking Features AttachedGarage Faces Rear Parking Total 8 Patio And Porch Features Covered Patio Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterRefrigeratorStove/Range Cooling Central AirElectric Cooling YN Yes Flooring Tile Interior Features None Laundry Features Laundry Area

Property Features

Accessibility Features Ada Accessible Association YN No Community Features None Green Energy Efficient None Maintenance Expense 0 New Construction YN No Other Expense 400 POAMandatory YN No Property Sub Type Apartment Complex Sewer City Sewer Tax Annual Amount 11141 Tax Year 2022 Water Source Public

Listing by Tana Springer of Exp Realty, Llc.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX PLATINUM. Data last updated: 2022-05-25T00:16:36.017.
 
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612 Nolana, Ste 220
McAllen TX, 78504