Alton, TX 78573,2609 E Israel AVE
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Alton, TX 78573,2609 E Israel AVE
Alton, TX 78573,2609 E Israel AVE
Alton, TX 78573,2609 E Israel AVE
Alton, TX 78573,2609 E Israel AVE
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Listed by Encore Fine Properties
$ 510,000
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2609 E Israel AVE Alton, TX 78573

4,032 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,032 sqft

Subdivision Sunterra

MLS Listing ID 480036

HOA Fees $500/ann

HOA Y/N Yes

Year Built 2024

Annual Tax Amount $2,235

Tax Year 2024

Lot Size 0.265 Acres

Acres 0.2649

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

FULLY LEASED! HIGHLY MOTIVATED SELLER! VERY GOOD CASH FLOW! Start building your real estate portfolio with this brand-new, income producing four-plex property that's now available for sale! This property is located in a desirable and convenient neighborhood, with easy access to essential amenities, schools, shopping centers, and recreational facilities, making it an attractive option for those looking for a balanced lifestyle between urban convenience and residential tranquility. Whether you're an investor looking for a promising opportunity in the real estate market or a homebuyer searching for a comfortable and contemporary living space, this turnkey investment property with its uniform three-bedroom, two-bathroom layout presents an excellent chance to acquire a high-quality property with great potentials. Enjoy great cash-on-cash return, a strong DSCR ratio plus over $64,000 gross annual income. This property is performing and ready to generate passive income from day one.

Location

State TX

County Hidalgo

Community Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer

Heating Electric

Cooling Electric

Flooring Tile

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

Laundry Laundry Area

Exterior

Exterior Feature None

Carport Spaces 8

Fence Wood

Community Features Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Corner Lot, Sidewalks

Faces Go WEST on Trenton, turn SOUTH on Steward and then turn EAST on Israel Ave

Story 1

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Cantu

Middle Schools Mission Junior High

High Schools Mission H.S.

Others

Tax ID S706500000000500

Security Features Smoke Detector(s)


Michael Perry

Michael Perry

Agent | License ID: 623282

+1(956) 373-3207

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2609 E Israel AVE