$600,000
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6,720 SqFt
SOLD DATE : 09/08/2023
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,720 sqft
Subdivision Downing
MLS Listing ID 412037
Sold Date 09/08/23
HOA Y/N No
Year Built 1978
Annual Tax Amount $4,991
Tax Year 2022
Lot Size 0.335 Acres
Acres 0.3347
Property Sub-Type Apartment
Source Greater McAllen
Property Description
Welcome to 1711 W Samano St., an impressive income-producing 8-plex property with an attractive 8% cap rate. Each unit has been thoughtfully updated with stylish interiors, ensuring a comfortable and contemporary living experience for residents.
Among the 8 units, you'll find 7 spacious two-bedroom, one-and-a-half-bathroom apartments, providing ample space for individuals and families alike. Additionally, there is 1 unit featuring a one-bedroom, one-bathroom layout, catering to various living preferences. The property also features a dedicated laundry room equipped with coin-operated machines, making laundry chores a breeze for tenants.
Every unit comes complete with essential appliances, central air conditioning, and heating.
This property can be purchased together with the adjacent property, 1721 W Samano St, at a discounted price of $1,250,000.
Location
State TX
County Hidalgo
Community None, Sidewalks, Street Lights
Rooms
Other Rooms Laundry Facility
Interior
Interior Features Dryer, Washer
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile, Vinyl
Appliance Electric Water Heater, Refrigerator, Stove/Range
Laundry Laundry Area, Laundry Room
Exterior
Exterior Feature None
Garage Spaces 12.0
Fence None
Community Features None, Sidewalks, Street Lights
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 12
Garage Yes
Building
Lot Description Curb & Gutters
Faces South of 107 on Sugar Rd to Samano turn West 1/2 blk on North Side of Street
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick,Siding
New Construction No
Schools
Elementary Schools Lee
Middle Schools South Middle School
High Schools Edinburg H.S.
Others
Tax ID D760001000001000
Security Features Smoke Detector(s)
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