1421 W Harrison AVE, Alton, TX 78501
1421 W Harrison AVE, Alton, TX 78501
1421 W Harrison AVE, Alton, TX 78501
1421 W Harrison AVE, Alton, TX 78501
1421 W Harrison AVE, Alton, TX 78501
1421 W Harrison AVE, Alton, TX 78501
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Listed by eXp Realty LLC
$ 699,900

7,056 SqFt


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$ 699,900
Save

7,056 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,056 sqft

Subdivision Taurus Estates #16

MLS Listing ID 517127

HOA Y/N No

Year Built 2018

Annual Tax Amount $6,098

Tax Year 2026

Lot Size 0.326 Acres

Acres 0.3256

Property Sub-Type Multi Family

Source Greater McAllen

Property Description

Investment opportunity in Alton! Fully occupied 7 plex offering an established income producing asset with a strong rental history. Built in 2018 with approximately 7,056 sqft. of living area, featuring seven 3 bedroom, 2 bathroom units of similar size. Each unit offers tile flooring, ceiling fans and its own laundry connections. Several water heaters and select appliances have recently been replaced. Current rents generate approximately $78,720 in gross annual rental income. Surrounded by other multifamily properties, this is a compelling opportunity to expand your portfolio with 7 units in one acquisition. Buyer to conduct all due diligence and independently verify financials, rents, expenses, measurements, appliances/conveyances and property information. eXp Realty makes no guarantees or representations regarding information provided.

Location

State TX

County Hidalgo

Community Sidewalks

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth

Laundry Laundry Closet

Exterior

Exterior Feature Mature Trees

Carport Spaces 12

Fence Partial

Community Features Sidewalks

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 12

Garage No

Building

Lot Description Curb & Gutters, Sidewalks

Faces From I-2/US-83, take the Inspiration Rd exit and head north on Inspiration Rd. Continue north past Mile 3 Rd; the property at 1421 W Harrison Ave will be on the right-hand side. No For Sale Sign on Property.

Story 2

Foundation Slab

Water Public

Structure Type Stucco

New Construction No

Schools

Elementary Schools Cavazos

Middle Schools Alton-Memorial Junior High

High Schools Alton H.S.

Others

Tax ID T094516000004700

Schools and Properties Nearby

BILLIE CANTU

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1421 W Harrison AVE