401 21St St McAllen, TX 78501

This three-unit apartment building, built in 1940, presents a compelling investment opportunity in McAllen, Texas. Located at 401 S 21st Street, 78501, this property boasts a convenient location near the vibrant McAllen Historic Business Redevelopment area, offering easy access to the McAllen Convention and Event Center, La Plaza Mall, and McAllen International Airport. The property sits on a 4,451.83 square foot lot and features a recently installed brand-new metal roof, ensuring durability and minimizing maintenance costs. The triplex comprises three units. Units 1 and 2 each have their own individual electric and water meters, while Units 2 and 3 share a single water and electric meter. This configuration offers flexibility for managing utility expenses. The asking price for this well-situated investment property is $210,000. Its proximity to key attractions and amenities makes it an attractive option for both investors seeking rental income and those looking for a distinctive residential property in a thriving Texas city.