About 1721 N 11th Street
Great investment opportunity! This fourplex at 1721 N 11th St, McAllen, TX 78501 includes four 1-bedroom, 1-bathroom units in a central location close to shopping, dining, hospitals, and major roads. Water, trash, and gas services are included at low landlord-paid rates, keeping expenses efficient. The corner lot offers potential to create or enclose private patios to enhance value. Current rents are below market at $715 per unit, allowing room for income growth. A well-located multifamily property with strong potential for return on investment. 3 units leased and one available on the second floor to show! Parking allows 2 vehicles per unit parked behind each other and plenty of corner street parking area. Price is firm.
Features of 1721 N 11th Street
| MLS® # | 480377 |
|---|---|
| Price | $325,000 |
| Square Footage | 2,768 |
| Acres | 0.21 |
| Year Built | 1975 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1721 N 11th Street |
|---|---|
| Subdivision | Eltus |
| City | McAllen |
| County | Hidalgo |
| State | TX |
| Zip Code | 78501 |
Amenities
| Utilities | Cable Available |
|---|---|
| Parking | No Garage |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | None |
| Community Amenities | None |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s) |
|---|---|
| Appliances | Gas Water Heater, Refrigerator, Stove/Range-Gas |
| Heating | Electric |
| Cooling | Electric, Window Unit(s) |
| Total # of Units | 4 |
| # of Buildings | 1 |
Exterior
| Exterior Features | Balcony, Mature Trees |
|---|---|
| Lot Description | Corner Lot |
| Roof | Shingle |
| Construction | Brick, Other |
| Foundation | Slab |
School Information
| District | McAllen ISD |
|---|---|
| Elementary | Fields |
| Middle | Travis |
| High | McAllen H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Property Insurance | $1,980 |
| Gross Income | $34,320 |
| HOA Association | No |
Listing Details
| Agent | Irene Uribe Manrique De Lara |
|---|---|
| Office | Texas Landmark Realty LLC |
| Contact Info | 956-492-5638 |