Property summary
This stunning, newly constructed fourplex in Alton, Texas, presents a unique investment opportunity. Located at 913 W Mahala Avenue, this property boasts four 2-bedroom, 2-bathroom units, each featuring modern amenities such as all new appliances, extensive cabinetry, quartz countertops, and tile flooring throughout. The units also include two assigned covered parking spaces per unit, a significant advantage in this market. Built in 2023, this property sits on a spacious 9,195.95 square foot lot and comprises two buildings within the gated Sunset Valley Apartments community. Its prime location offers convenient access to W Main Ave and Alton Blvd. The property is ideal for "house hacking," allowing an owner to occupy one unit while leasing the others for rental income. Currently, two of the four units are already leased, generating immediate cash flow. The low-maintenance nature of this new construction makes it an attractive option for investors seeking a stable and profitable investment. The asking price for this exceptional property is $495,000. Don't miss this chance to acquire a high-quality, income-producing asset in a desirable location.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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