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1108 W Fern Ave

MCALLEN, TX 78501
  • $1,000,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 29734946
UPDATED: 41 min ago
$1,000,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,874
    SQFT
  • $127
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $600-775/month each with room for rent increases. They all include a stove, refrigerator, storage room, and balcony. 100% Occupied and a multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $88,800 GOI with a potential of $111,600 Again, 100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!

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© 2022 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The MBTeam. Data last updated: 2022-08-17T09:51:20.547.
www.monicabenavidesteam.com/homes/131422439
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1108 W Fern Ave MCALLEN, TX 78501

  • Price: $1,000,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 41 min ago
  • MLS #: 29734946
0
Beds
0
Baths
0
½ Baths
0.29
Acres
7,874
SQFT
$127
$/SQFT
1976
Built
Neighborhood:
Broadlawn Terrace
County:
Hidalgo
Area:
Mcallen
Elementary School:
Milam
Middle School:
Morris
High School:
Mcallen
School District:
Mcallen I.S.D.
Property Description
One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $600-775/month each with room for rent increases. They all include a stove, refrigerator, storage room, and balcony. 100% Occupied and a multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $88,800 GOI with a potential of $111,600 Again, 100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!
Exterior Features

Carport Details Other-See Remarks4+ Car Construction Slab Exterior Features Deck/Balcony/PorchOther-See RemarksPatio Exterior Siding Brick Fence Type None Garage Details No Garage Location Features Other-See Remarks Outbuildings None Parking Spaces 16.00 Stories Two Street Type Paved

Interior Features

Conveying Appliances RefrigeratorStove/Range Energy Features None Flooring Tile Heating System CentralElectric Interior Features Cable TvSmoke Alarm(S) Special Features Off Street ParkingStreet ParkingInternet Access Water Heater Electric

Property Features

Community Amenities No Special Amenities Multifamily Type Apartment (10+) Proposed Financing CashConventional REO No Sewer Public Sewer Water Public

Listing provided courtesy of Tana Springer of Exp Realty, Llc. © 2022 Harlingen Board of Realtors Multiple Listing Service.
© 2022 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The MBTeam. Data last updated: 2022-08-17T09:51:20.547.
 
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Harlingen TX, 78550