515 Downing AVE, Edinburg, TX 78539
515 Downing AVE, Edinburg, TX 78539
515 Downing AVE, Edinburg, TX 78539
515 Downing AVE, Edinburg, TX 78539
515 Downing AVE, Edinburg, TX 78539
515 Downing AVE, Edinburg, TX 78539
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Listed by TNT Real Estate
$ 519,000

4,080 SqFt


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$ 519,000
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4,080 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,080 sqft

Subdivision Mon Mack Landing

MLS Listing ID 515896

HOA Fees $500/ann

HOA Y/N Yes

Year Built 2018

Annual Tax Amount $9,837

Tax Year 2023

Lot Size 10,079 Sqft

Acres 0.2314

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

GENERATING APPROXIMATELY $54,000 A YEAR IN GROSS REVENUE WITH ROOM TO INCREASE! This well-maintained Fourplex features two spacious 3-bed, 2-bath units in the front and two 2-bed, 2-bath units in the rear. Each individually metered unit also features a fully paved, low-maintenance backyard with no grass to maintain. Each unit includes a well-equipped kitchen with oven/stove, refrigerator, microwave, and washer & dryer. Prime location in the gated community of Monmack Landing right in the heart of Edinburg! This Fourplex offers convenience near major shopping centers, restaurants, and UTRGV. A great opportunity for an investor looking to add a multifamily property to their portfolio or for an owner-occupant looking to live in one unit while utilizing the other units for rental income. Schedule your showing today!

Location

State TX

County Hidalgo

Community Gated, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer

Laundry Laundry Closet, Washer/Dryer Connection

Exterior

Exterior Feature Mature Trees, Sprinkler System

Carport Spaces 8

Fence Wood

Community Features Gated, Sidewalks, Street Lights

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Mature Trees, Sidewalks, Sprinkler System

Faces Heading North on McColl turn Left on Sprague, Right on Mon Mack then make a Left on Garfield, Right on Downing. Units will be on the left hand side.

Story 1

Foundation Slab

Sewer City Sewer

Structure Type Stone,Stucco

New Construction No

Schools

Elementary Schools Trevino

Middle Schools B.L. Garza

High Schools Edinburg North H.S.

Others

Tax ID M566501000005200

Security Features Smoke Detector(s)

NEARBY SCHOOL & BUSINESS

Cecilia DuPree

+1(512) 300-3781

ceciliajdupree@gmail.com

2626 Cole Ave, Dallas, TX 75204-0800, USA

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