About 7103 N 59th Lane
FULLY LEASED FOURPLEX! This well-maintained fourplex features ALL 3-bedroom/2-bath units, each thoughtfully designed with an open-concept layout that feature granite countertops, stainless steel appliances, and in-unit washer and dryer. Each unit also offers a private, fenced backyard, providing residents with additional outdoor space and privacy. All four units are 100% occupied, offering immediate and consistent rental income for the new owner. With desirable three-bedroom floor plans, modern finishes, private outdoor spaces, and a strong tenant base, this property is an excellent income-producing investment and a great addition to any multifamily portfolio.
Features of 7103 N 59th Lane
| MLS® # | 513180 |
|---|---|
| Price | $530,000 |
| Square Footage | 4,380 |
| Acres | 0.26 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 7103 N 59th Lane |
|---|---|
| Subdivision | Shary Manor |
| City | McAllen |
| County | Hidalgo |
| State | TX |
| Zip Code | 78504 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | No Garage |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet |
| Community Amenities | Gated, Sidewalks, Street Lights |
Interior
| Interior Features | Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Washer |
|---|---|
| Appliances | Electric Water Heater, Water Heater (Laundry Room), Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range, Washer |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Total # of Units | 4 |
| # of Buildings | 2 |
Exterior
| Exterior Features | Sprinkler System |
|---|---|
| Lot Description | Professional Landscaping, Sidewalks, Sprinkler System |
| Windows | Energy Features (Double Pane Windows) |
| Roof | Shingle |
| Construction | Stucco |
| Foundation | Slab |
School Information
| District | Sharyland ISD |
|---|---|
| Elementary | Wernecke |
| Middle | Sharyland North Junior |
| High | Sharyland Pioneer H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| HOA Fees | $600 |
| HOA Fees Freq. | Annually |
| Gross Income | $57,600 |
| HOA Association | Yes |
Listing Details
| Agent | Sabita Mahtani |
|---|---|
| Office | Key Realty |
| Contact Info | 956-371-3393 |