402 E Mahl ST 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 2,976 sqft
Price per Sqft $105
Subdivision Edinburg Original Townsite
MLS Listing ID 464116
HOA Y/N No
Originating Board Greater McAllen
Year Built 1982
Annual Tax Amount $3,584
Tax Year 2018
Lot Size 10,649 Sqft
Acres 0.2445
Property Sub-Type Quadruplex
Property Description
Each unit is separately metered for water, electricity, and natural gas, keeping utility management simple. The hot water heater and stove run on natural gas, significantly reducing electricity costs. While units will require some updates, they present an excellent value-add opportunity for investors.
Currently, two units are occupied by Section 8 tenants, with reimbursement set at the 1-bedroom, 1-bath rate. Note that none of the units include central heating and air, and all window units belong to the tenants.
With strong rental demand in this prime location, this property offers great potential for steady cash flow and future appreciation. Don't miss out on this investment opportunity!
Location
State TX
County Hidalgo
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s)
Heating None
Cooling None
Flooring Vinyl
Appliance Gas Water Heater,Refrigerator,Stove/Range
Laundry Laundry Area,Washer/Dryer Connection
Exterior
Exterior Feature None
Garage Spaces 4.0
Fence Chain Link
Community Features None
View Y/N No
Roof Type Other
Total Parking Spaces 4
Garage Yes
Building
Faces From E University & Closner, go south on Closner past E Cano St then turn east onto E Mahl St. The units will be located at the southeast corner of Mahl St and 14th Ave.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Jefferson
Middle Schools Barrientes
High Schools Edinburg H.S.
Others
Tax ID E330000294000100