tomo logo

$2,450,000

Beds
Unknown
sq ft
9,968

120 S 4th St, Mcallen, TX 78501

120 S 4th St

McAllen, TX 78501

  • 33 days on market
    • Price drop $50,000↓
Don't miss this chance to acquire this well-located and unique income-producing asset. The property is just steps from popular retail and restaurants and the highly trafficked intersection of Business 83 and 2nd st. All of the units have been professionally remodeled with high-quality finishes, and are turn-key ready for occupancy. The property presents an exciting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units have smart TVs, comfortable beds, dining areas, kitchenettes, and in-unit washers and dryers. High occupancy rate, and fully stabilized asset with excellent income. Financials are available upon request.

Details

Property type

Apartment

Lot size

0.6207 acres

Price per sq ft

$246

Year built

1985

Annual property taxes

$11,505

Price History

01/29/2025
McAllenTX

McAllenTX #459105

Price change
$2,450,000
-2%
01/20/2025
McAllenTX

McAllenTX #459105

Listed
$2,500,000
01/14/2025
Houston

Houston #96160595

Removed

Schools & Community

Elementary school: 

Fields

Middle school: 

Travis

High school: 

McAllen H.S.

Community features: 

Sidewalks, Street Lights

High school district: 

McAllen ISD

Number of units in community: 

2

Status: Active

Tomo last checked: 02/23/2025 at 3:15 AM

Listing updated: 01/29/2025 at 6:30 AM

Listed by: Esteban F. Flores, Effective Real Estate Phone #: (956) 322-8522

MLS: McAllenTX #459105

McAllenTX logo

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