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For sale
  • $312,500

    402 E Mahl St, Edinburg, TX 78539

    8beds
    4baths
    2,976sqft
    : 
    Quadruplex, Multi Family
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Each unit is separately metered for water, electricity, and natural gas, keeping utility management simple. The hot water heater and stove run on natural gas, significantly reducing electricity costs. While units will require some updates, they present an excellent value-add opportunity for investors. Currently, two units are occupied by Section 8 tenants, with reimbursement set at the 1-bedroom, 1-bath rate. Note that none of the units include central heating and air, and all window units belong to the tenants. With strong rental demand in this prime location, this property offers great potential for steady cash flow and future appreciation. Don't miss out on this investment opportunity!
    79 days
    on Zillow
    |
    154
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2025 at 11:24am

    Listed by:

    Sameer Suresh 956-225-7062,

    Imperio Real Estate Llc

    Source: Greater McAllen AOR,MLS#: 464116
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 402 E Mahl St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Refrigerator, Stove/Range
    • Laundry: Laundry Area, Washer/Dryer Connection
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    Interior area
    • Total structure area: 2,976
    • Total interior livable area: 2,976 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Carport
    • Garage spaces: 4
    Features
    • Exterior features: None
    • Fencing: Chain Link
    Lot
    • Size: 10,650.42 Square Feet
    Details
    • Additional structures: Outbuilding (None)
    • Parcel number: E330000294000100

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Other
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: None

    Community & HOA

    Community
    • Features: None
    • Subdivision: Edinburg Original Townsite
    HOA
    • Has HOA: No
    Location
    • Region: Edinburg

    Financial & listing details

    • Price per square foot: $105/sqft
    • Tax assessed value: $241,639
    • Annual tax amount: $3,584
    • Date on market: 3/7/2025
    • Road surface type: Paved
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