317 N 28th Street, Mcallen, TX 78501
- $689,000
- 7,200
- SqFt
- List Price
- $689,000
- Price Change
- ▼ $10,000 1779566934
- Status
- ACTIVE
- MLS#
- 504739
- Living Area
- 7,200
- Lot Size (Acres)
- 0.2525
- Year Built
- 1993
Property Description
High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal maintenance and long-term durability. Unit Rents: $850–$975/month Occupancy: 100% leased Parking: 16 dedicated spaces Utilities: Separately metered; tenants pay all utilities The property’s comprehensive exterior and interior renovations give it a clean, modern appeal that attracts and retains quality tenants. With all upgrades complete, this is a true turnkey asset offering immediate income and long-term appreciation potential. Ideal for investors seeking reliable cashflow, strong yield, and hands-off management in a thriving McAllen rental market.
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Additional Information
- Area
- Mcallen
- Subdivision
- Alaniz
- Taxes
- $7,983
- Stories
- 1
- Interior Features
- Ceiling Fan(s)
- Amenities
- Sidewalks, Street Lights
- Exterior Features
- Balcony, None
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- McAllen ISD
- Elementary School
- Alvarez
- Middle School
- Travis
- High School
- Memorial H.S.
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Listing courtesy of Alejandro Lopez with Capital Advisors Real Estate Group