$515,000
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1006 W Kelly AVE Pharr, TX 78577
6,864 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,864 sqft
Subdivision Palm Heights West
MLS Listing ID 347773
Sold Date 04/06/21
HOA Y/N No
Year Built 1981
Annual Tax Amount $8,646
Tax Year 2020
Lot Size 0.351 Acres
Acres 0.3508
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
Great Investment Property! Fully leased 8-unit income-producing property. Seller calculated Cap Rate is at 7.4%.
2 bedrooms/1 baths in highly sought out location with room to increase rent. Walking distance to Top Golf, COSTCO, Wal-Mart, Lowe's, What-A-Burger, Best Buy. High traffic area, close to several bars, restaurants, parks, Hospitals, and expressways. Call to discuss operating expenses. Please do not disturb tenants.
Location
State TX
County Hidalgo
Community Other, Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Microwave
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Appliance Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
Laundry Laundry Closet
Exterior
Exterior Feature Balcony, Mature Trees, Sprinkler System
Fence Wood
Pool None
Community Features Other, Sidewalks, Street Lights
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Sidewalks, Sprinkler System
Faces From Expressway go South on Jackson. Turn left heading East on Kelly. About quarter mile property should be on left (north) hand side
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick,Siding
New Construction No
Schools
Elementary Schools Aida C. Escobar
Middle Schools Kennedy
High Schools Psja South West H.S.
Others
Tax ID P080000007000500
Security Features Smoke Detector(s)
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