9 photos
$700,000
712 Toronto Ave
McAllen, TX 78503
Ryan McDaniel, Effective Real Estate · (956) 299-2111
What the listing says
Investor alert!! This 8 unit multi family property is located just down the street from 10th st and La Plaza Mall. La Plaza Mall is the premier shopping destination in the Rio Grande Valley and features over 1,300,000 square feet of upscale and mainstream retail space. All of the units are 2 bedroom 2 bath, and have been extensively remodeled with new windows, door hardware, cabinets, counter tops, tile, recessed lighting, trim, and ceiling fans throughout. Don't miss this opportunity to purchase a property with an outstanding location and great income potential! Seller financing available!
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
Lot Size
435.6 sq ft
HOA
None
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Questions about owner financing in McAllen
What is owner financing for 712 Toronto Ave?
Owner financing means the seller of 712 Toronto Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this McAllen, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this McAllen home?
There is no standard down payment. The seller of this McAllen home sets their own, and it is negotiable. Ask the seller or their agent.