1112 Fern Avenue, Mcallen, TX 78501

$385,000
2,894
SqFt

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List Price
$385,000
Status
ACTIVE
MLS#
511973
Living Area
2,894
Lot Size (Acres)
0.2882
Year Built
1979

Property Description

Turnkey 3-unit multifamily investment opportunity in the heart of McAllen! This well-maintained property at 1112 -1114 Fern Ave offers a strong unit mix of a one 1BR/1BA unit and two 2BR/1BA units, generating steady rental income with room to grow. Recently renovated, positioning this asset for stabilized cash flow and long-term appreciation. Ideal for the investor seeking a low-maintenance addition to their portfolio in a high-demand rental corridor. Conveniently located near major McAllen thoroughfares, shopping, dining, and schools. Gross income and financials available upon request. Don't miss this rare opportunity to own a cash-flowing multifamily asset in one of the RGV's fastest-growing markets. Schedule your showing today!

Additional Information

Area
Mcallen
Subdivision
Broadlawn Terrace
Taxes
$6,614
Stories
1
Interior Features
Dryer, Microwave, Washer
Amenities
None
Exterior Features
Mature Trees
Heating
Central
Cooling
Central Air
Sewer
City Sewer
School District
McAllen ISD
Elementary School
Milam
Middle School
Morris
High School
McAllen H.S.

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Brandy Ruiz with Lpt Realty Llc