List Price:
$285,000
MLS Number:
414470
Property Type:
Residential Income
Property Sub Type:
Triplex
Accessibility Features:
Appliances:
Electric Water Heater, Smooth Electric Cooktop, Refrigerator, Stove/Range
Application Fee:
Association Fee:
Association Fee Frequency:
Association YN:
No
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
3060
Building Area Units:
Square Feet
Carport Spaces:
6
Carport YN:
Yes
City:
McAllen
Community Features:
None
Construction Materials:
Brick
Cooling:
Central Air
Cooling YN:
Yes
Country:
US
County:
Hidalgo
Covered Spaces:
6
Designated Broker MUI:
1269282
Directions:
Traveling West on Pecan Blvd. towards South Texas College, turn South onto 29th St. Property is on the East side of the road before the intersection of 29th and Ivy. Parking for duplex is in the rear of the property via access of the alley.
Elementary School:
Alvarez
Elementary School District:
McAllen ISD
Exterior Features:
None
Fencing:
Non Privacy
Fireplace YN:
Flooring:
Other
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Thermostat
Heating:
Central
Heating YN:
Yes
High School:
McAllen H.S.
High School District:
McAllen ISD
Interior Features:
Ceiling Fan(s), Dryer, Washer
Laundry Features:
Laundry Area, Washer/Dryer Connection
Lease Term:
Leased Rent Share:
Living Area Source:
HidalgoCAD
Living Area SqFt:
3060
Living Area Units:
Square Feet
Lot Features:
Irregular Lot
Lot Size Acres:
0.2324
Lot Size SqFt :
10125.0864
Maintenance Expense:
$1,800
Middle School:
Lincoln
Middle School District:
McAllen ISD
New Construction YN:
Number Of Buildings:
1
Number Of Units In Community:
2
Number Of Units Total:
3
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$400
Other Structures:
Outbuilding (None)
Own Lot YN:
Parking Features:
No Carport, No Garage
Parking Total:
6
Patio And Porch Features:
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78501
Property Attached YN:
Public Remarks:
This unique property is a new investor's dream. Income producing Duplex - 2 bedrooms 1 bath, with a 3 bedroom 2 bathroom HOME sits directly across the street from the STC Pecan campus. Roof and AC was replaced 7 years ago, brand new water heaters in all three units. Don't wait, take the opportunity!
Currently this property generates $2250 a month in rent but should be correctly priced at $2750 a month with proper rent increases. After some renovations home should easily rent for $1750 and each Apt. for $800 for a grand total of $3250. If held long enough STC could potentially buy out the subdivision, handsomely above market value.
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Composition Shingle
Room Office Area:
Rooms Total:
Security Features:
Smoke Detector(s)
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
N
Street Dir Suffix:
Street Name:
29th
Street Number:
912
Street Suffix:
Street
Subdivision:
Ivy Terrace
Tax Annual Amount:
$6,289
Tax Year:
2023
Utilities:
Water Source:
Public
Window Features:
Year Built:
1981
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