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$425,000

1503 W Fig Ave, Pharr, TX, 78577

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths8 Bath
Baths5,024 Sq Ft
QuadruplexQuadruplex
price_per_sqft$84.59 / sqft
Year BuiltBuilt in 2006

About this property

Welcome to 1503 Fig Ave! This fully leased four-plex presents an excellent investment opportunity for both first-time and seasoned investors looking to expand their real estate portfolios while generating consistent rental income. Ideally situated near major expressways, hospitals, shopping centers, restaurants, and entertainment, this property offers tenants exceptional convenience and accessibility. Recent improvements include a new roof installed less than one year ago, providing added value and peace of mind. All four units come equipped with a complete set of kitchen appliances, making this a desirable rental property. With all units currently occupied and rental income already in place, this is a fantastic opportunity to acquire an income-producing multifamily property. Don't miss your chance to add this investment to your portfolio. Some listing photos have been virtually staged to help illustrate the property's potential and provide buyers with a better perspective of the space

Investor Tools

$0Estimated Mortgage Balance
$603,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,618 /month
Positive
Cash Flow Estimate:
$1,206 /month

Interested in this property?

Omar Govea

BIG Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

City: Pharr

1503 W Fig Ave | Property Details | No Agent List