About 1421 W Harrison Avenue
Investment opportunity in Alton! Fully occupied 7 plex offering an established income producing asset with a strong rental history. Built in 2018 with approximately 7,056 sqft. of living area, featuring seven 3 bedroom, 2 bathroom units of similar size. Each unit offers tile flooring, ceiling fans and its own laundry connections. Several water heaters and select appliances have recently been replaced. Current rents generate approximately $78,720 in gross annual rental income. Surrounded by other multifamily properties, this is a compelling opportunity to expand your portfolio with 7 units in one acquisition. Buyer to conduct all due diligence and independently verify financials, rents, expenses, measurements, appliances/conveyances and property information. eXp Realty makes no guarantees or representations regarding information provided.
Features of 1421 W Harrison Avenue
| MLS® # | 517127 |
|---|---|
| Price | $699,900 |
| Square Footage | 7,056 |
| Acres | 0.33 |
| Year Built | 2018 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1421 W Harrison Avenue |
|---|---|
| Subdivision | Taurus Estates #16 |
| City | Alton |
| County | Hidalgo |
| State | TX |
| Zip Code | 78501 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Garage Faces Front |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet |
| Community Amenities | Sidewalks |
Interior
| Interior Features | Ceiling Fan(s), Walk-In Closet(s) |
|---|---|
| Appliances | Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth |
| Heating | Central |
| Cooling | Central Air |
| Total # of Units | 7 |
| # of Buildings | 1 |
Exterior
| Exterior Features | Mature Trees |
|---|---|
| Lot Description | Curb & Gutters, Sidewalks |
| Roof | Composition Shingle |
| Construction | Stucco |
| Foundation | Slab |
School Information
| District | Mission ISD |
|---|---|
| Elementary | Cavazos |
| Middle | Alton-Memorial Junior High |
| High | Alton H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Annual Tax | $6,098 |
| Property Insurance | $6,048 |
| Gross Income | $83,062 |
| HOA Association | No |
Listing Details
| Agent | Cassandra Ashely Champion |
|---|---|
| Office | eXp Realty LLC |
| Contact Info | 956-371-8062 |