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
Year Built 2017
Annual Tax Amount $11,018
Tax Year 2024
Lot Size 10,079 Sqft
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
Heating Central
Cooling Central Air
Flooring Tile
Laundry Laundry Closet
Exterior
Fence Wood
Community Features Gated
View Y/N No
Roof Type Shingle
Building
Lot Description Sidewalks,Sprinkler System
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.