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412 49Th St McAllen, TX 78501

For Sale
$495,000

Four-unit apartment building, excellent rental income.

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional investment opportunity presents a well-maintained four-unit apartment building situated at 412 S 49th Street, McAllen, Texas, 78501. Built in 2007, this property boasts a substantial 9,009.95 square foot lot and comprises a single building housing four individual units. Each unit is thoughtfully designed with two bedrooms and two bathrooms, catering to the needs of families and professionals alike. The property's location within the highly-rated Sharyland Independent School District adds significant appeal to potential tenants. The asking price for this turnkey investment is $495,000. This multifamily property offers a compelling opportunity for investors seeking strong rental returns in a desirable McAllen neighborhood. The property's solid construction and well-maintained condition promise minimal upkeep and maximum return on investment. Its strategic location within the thriving McAllen market ensures consistent tenant demand and long-term value appreciation. This is an ideal opportunity to acquire a stable and profitable rental property in a rapidly growing Texas market. The property is zoned for the Sharyland Independent School District.

Property Features for 412 49Th St

General Information

Property type
Multifamily properties

Building Details

Year Built
2007
Buildings
1
Units
4

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.2760304
Latitude
26.205543

FAQs

What type of property is this?
Multifamily property - Four-unit apartment building, excellent rental income.
Where is this multifamily property located?
The property is located at 412 49Th St McAllen, TX.
What is the asking price?
The asking price for this property is $495,000.
More about this property
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