About This Home
This 0-bedroom, 0-bathroom multi-family at 608 W Iris Avenue in McAllen, TX is listed for $420,000 ($65 per sqft). Built in 1975, the home offers 6,448 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1975
- 0.21 acre lot
- 4 parking spaces
Property Details
Amenities
Exceptional Investment Opportunity - Fully Leased Fourplex in McAllen! Expand your investment portfolio with this fully leased fourplex offering immediate rental income in a convenient McAllen location. This well-maintained multifamily property features a desirable unit mix of 3 bedroom, 2 bath and 2-bedroom, 1.5 bath units, appealing to a broad range of tenants.
Residents enjoy the convenience of on-site parking, separate electric meters with tenants responsible for their own electric service, & quick access to many of McAllen's most popular destinations. Just minutes from H-E-B, shopping centers, restaurants, medical facilities, schools, and the vibrant downtown McAllen district, this property offers the accessibility today's renters value.
Whether you're expanding an existing portfolio or purchasing your next income-producing property, this fourplex combines a strong location, established occupancy, & excellent long-term investment potential. Schedule your private tour today!
Monthly Cost Estimate
$2,246/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
608 W Iris Avenue
McAllen, TX 78501
Greenway Heights
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 608 W Iris Avenue is listed at $420,000 ($65/sqft). The estimated monthly payment is $2,247 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1975, 0.21 acre lot, 4 parking spaces.
This property is listed by Paola Deleon and can be reached at 9565627898.