2305 N 32ND STREET N, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
2305 N 32nd Street N
McAllen, TX 78501
List Price$625,000
Listing #475814
5,848
Square Feet
Commercial
Type
About This Property
Cash-flowing 8-Unit Investment Property in McAllen! This well-maintained multifamily asset has consistently maintained a high and steady occupancy rate, making it an exceptional addition to any investment portfolio. If you are looking for a reliable income-producing asset? This 8-unit multifamily property in central McAllen has a strong occupancy history and is fully leased--making it an ideal addition to your investment portfolio. Featuring seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, each thoughtfully designed with tile flooring, granite countertops, crown molding, and ceiling fans. Built in 2002, the property offers individual electric meters, shared water service, and 14+ parking spaces. Located near schools, shopping, and major roadways, this property delivers on both convenience and cash flow. With proven rental performance and room to grow, this is the kind of long-term asset investors seek. Don't miss this opportunity--schedule your showing today!
Property Features
Location Information
County
Hidalgo
Directions
?? Directions from McAllen Miller International Airport (MFE) to 2305?N?32nd?St Distance: ~4.8 miles Estimated travel time: ~10 minutes via Ware Road???Pecan?Blvd???Vine Street route Exit the airport heading north on S?Bicentennial Blvd / Ware Rd. Continue north past Pecan Blvd. Turn right (east) on Vine Street. Turn left (north) on N 32nd Street. Destination will be on your right at 2305?N?32nd?St. ?? Directions from North Edinburg to 2305?N?32nd?St, McAllen North Ed
Subdivision
La Lomita Estates
Interior Features
Heating
Central
Floors
Tile
Cooling
Central Air
Appliances
Electric Water Heater
Exterior Features
Construction
Brick
Lot Description
See Remarks
Roof
Composition Shingle
Lot Size in Acres
0.42
Possession
Closing and Funding
Lot Size in Sq. Ft.
18,290
Parking Description
Blacktop
Present Use
Other
Has Garage
Yes
Zoning
RM
Garage Spaces
20
Energy Features
None
Parking Spaces
20
Road Frontage
City Street
Additional Information
Property Type
COM
Is an REO
Yes
Property SubType
Commercial
Units in Complex
8
Year Built
2002
Taxes
12475
APN
L132000000011300
Tax Year
2024
Status
Active
Square Feet Source
HidalgoCAD
Mortgage Calculator
$2,917
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,252
Monthly Tax
$520
Monthly Insurance
$145
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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