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525 20Th St McAllen, TX 78501

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For Sale
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High-yield McAllen apartment building, six units.

Property Features for 525 20Th St

General Information

Property type
Multifamily properties

Building Details

Year Built
1976
Buildings
1
Units
6

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Listing Contact
Ronnie Ontiveros
Ronnie Ontiveros

Listing Agency: NextHome RGV Realty Listing Agent: Ronnie Ontiveros

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a six-unit apartment building located at 525 N 20th Street, McAllen, Texas, 78501. The property, built in 1976, sits on a 4,799.876 square foot lot and comprises a single building. The complex offers six individual apartment units, each featuring one bedroom and one bathroom. Recent upgrades significantly enhance the property's value and appeal to tenants. These improvements include new water heaters, new air conditioning units, new tile flooring, new toilets, and new sinks in each unit. Gas stoves are also included in each apartment. The property's location in the heart of McAllen offers convenient access to local amenities, businesses, and transportation routes. This multifamily property presents a strong potential for rental income and represents a compelling investment opportunity in the thriving McAllen market. The asking price for this turnkey investment is $345,000. The property's strong rental history and recent renovations make it an attractive option for investors seeking a stable and profitable addition to their portfolio. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.
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Location Insight

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City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.2397774
Latitude
26.2100968

FAQs

What type of property is this?
Multifamily property - High-yield McAllen apartment building, six units.
Where is this multifamily property located?
The property is located at 525 20Th St McAllen, TX.
What is the asking price?
The asking price for this property is $345,000.
(956) 283-6338 Call to check price and availability
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