405 Downing AVE Active Save Request In-Person Tour Request Virtual Tour
Edinburg,TX 78539
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $129
Subdivision Mon Mack Landing
MLS Listing ID 464422
HOA Fees $41/ann
HOA Y/N Yes
Originating Board Greater McAllen
Year Built 2017
Annual Tax Amount $11,018
Tax Year 2024
Lot Size 10,079 Sqft
Acres 0.2314
Property Sub-Type Quadruplex
Property Description
Perfect for first-time investors looking to live on-site, this well-maintained 4-plex offers a rare opportunity to generate rental income while building equity. Three units are already rented, providing immediate cash flow, with one 2-bed, 2-bath unit available for an owner-occupant or new tenant. Located minutes from the university and the thriving city of Edinburg, this property is in a high-demand rental area, ensuring strong occupancy rates. Whether you're starting your investment journey or expanding your portfolio, this multifamily gem is a smart move.
Location
State TX
County Hidalgo
Community Gated
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s),Microwave
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater,Dryer,Microwave,Refrigerator,Stove/Range,Washer
Laundry Laundry Closet
Exterior
Carport Spaces 8
Fence Wood
Community Features Gated
View Y/N No
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Sidewalks,Sprinkler System
Faces Head west on HWY 107 passing McColl, Head south on Mon Mack, Gate entrance is located on west side.
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Brick
New Construction No
Schools
Elementary Schools Trevino
Middle Schools B.L. Garza
High Schools Edinburg H.S.
Others
Tax ID M566501000005900