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    108 N Linares Street

    Alton, TX 78573
    • $369,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 343527
    UPDATED: 31 min ago
    $369,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,472
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2015
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    GREAT INVESTMENT PROPERTY generating $3,825.00/month!!All units have granite countertops, refrigerator, stove, washer and dryer.100% tenant occupied and currently receiving a yearly gross income of $45,900.Maintenance expenses of $840/yr (lawn service),Utilities of $3840/yr and Taxes and Ins of approximately $9,809/yr. Appox. NOI of $31,4111 and currently yielding an 8.5 Cap Rate. All units are in amazing condition.Contact LA for more information.3 units are 2 Bed 1.5 Baths (downstairs) and 3 units are 2 Beds, 1 Bath (upstair).Property has 12 parking spaces.Individual sqft provided is approximate. Seller and broker do not guarantee that information. NOI and Cap rate stated above are based on seller's current inc.& exp and does not represent future performance. Does not guarantee buyer's rate of return will be the same. Seek financial advise and conduct your own research on other potential expenses and rate of return based on your specific situation, as there are many varying factors.

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    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2020-10-22T19:16:29.01.
    www.ryanandbrian.com/homes/110717836
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    108 N Linares Street Alton, TX 78573

    • Price: $369,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 343527
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,472
    SQFT
    $67
    $/SQFT
    2015
    Built
    Neighborhood:
    Palmasola
    County:
    Hidalgo
    Area:
    Alton
    Elementary School:
    Midkiff
    Middle School:
    Cantu
    High School:
    Veterans Memorial H.S.
    School District:
    Mission Isd
    Property Description
    GREAT INVESTMENT PROPERTY generating $3,825.00/month!!All units have granite countertops, refrigerator, stove, washer and dryer.100% tenant occupied and currently receiving a yearly gross income of $45,900.Maintenance expenses of $840/yr (lawn service),Utilities of $3840/yr and Taxes and Ins of approximately $9,809/yr. Appox. NOI of $31,4111 and currently yielding an 8.5 Cap Rate. All units are in amazing condition.Contact LA for more information.3 units are 2 Bed 1.5 Baths (downstairs) and 3 units are 2 Beds, 1 Bath (upstair).Property has 12 parking spaces.Individual sqft provided is approximate. Seller and broker do not guarantee that information. NOI and Cap rate stated above are based on seller's current inc.& exp and does not represent future performance. Does not guarantee buyer's rate of return will be the same. Seek financial advise and conduct your own research on other potential expenses and rate of return based on your specific situation, as there are many varying factors.
    Exterior Features

    Carport Spaces 0.00 Exterior Features None Exterior Siding Siding Fence Type Partial Foundation Type Slab Garage Carport No CarportNo Garage Location Features Sidewalks Pool YN No Roof Composition Shingle

    Interior Features

    Flooring Type Tile Interior Features Cable TvCeiling FansSmoke Alarm(S) Water Heater Electric

    Property Features

    Community Amenities Curb & GutterSidewalksStreet Lights Energy Features Double Pane Windows Hvac Central Maintenance Expense 840 Other Expenses 3840 Poa YN No Property Insurance 2200 Property Sub Type Other Multi-Unit Reo No Taxes Wo Exemption 7609 Water Sewer City SewerPublic Water

    Listing by Belle Moya of Capstone Realty Pllc.
    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2020-10-22T19:16:29.01.
     
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    The Ryan & Brian Real Estate Team | Tierra Frontera, LLC
    801 E. Fern Avenue, Ste. 107
    McAllen TX, 78501