$1,000,000
For Sale

1108 W Fern Avenue

McAllen, TX 78501
Browse all 5 photos

Description

One of two great income-producing opportunities! This 12-unit complex is located off of Fern Ave & North 10th St. 1 bed / 1 bath units producing $600-775/month each with room for rent increases. They all include a stove, refrigerator, storage room, and balcony. 100% Occupied and a multitude of interests when a unit becomes available. Parking is available in the front and an 8-car-covered parking in the rear/alleyway entrance. Low maintenance and utility expenses. Walking distance to BMW, HEB and many restaurants. Minutes from schools, STC and entertainment. $88,800 GOI with a potential of $111,600 Again,100% fully occupied - this property is an investment opportunity waiting to be added to your investment portfolio!
read more

  • Interior Details
    • Interior Features
      • Interior:None
  • Property Details
    • Property
      • Lot description:Alley, Curb & Gutters
      • Exterior materials:Balcony
    • Measurements
      • Acres:0.2882
      • Square Feet:7874
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1976
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:City Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • Elementary School:Milam
      • Middle School:Morris
      • High School:McAllen H.S.
      • County:Hidalgo
    • Community
      • Subdivision:Broadlawn Terrace
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 000, 000
  • Other
    • Source
      • MLS #:381633

Location

Ricky AllenReal Estate Group
  • Request Info
  • Schedule Showing

Interested in Purchasing 1108 W Fern Avenue?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

$100
Monthly Payment