| Beds 0 | Baths 0 | 2,384 Sqft | 0.18 Acres |
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1 of 8 |
Property Description
AN Investor's dream. This well-maintained 4-plex is a prime addition to your investment portfolio! Situated on a large lot with ample parking, including a convenient wrap driveway and assigned covered carports for each unit, this property is just moments away from Del Mar College, Ocean Drive, shopping, restaurants, parks, and top-rated schools. Each of the four units features: 1 Bedroom, 1 Bathroom, 1 Living Room, hardwood flooring and large windows for an abundance of natural light, spacious living areas with adjacent kitchens equipped with gas stoves and refrigerators. Tenants enjoy independence with separately metered utilities for electricity, gas, and water/trash, keeping owner expenses minimal. The property is currently fully rented, generating a monthly income of $2,720, offering an impressive 10%+ return. All four units are leased at $680/month, all on annual lease agreements. This property has a reliable income stream, excellent location, and strong rental demand.
General Information
Sale Price: $275,000
Price/SqFt: $115
Status: Active
MLS#: 457443
Post Office: corpus christi
Acres: 0.18
Lot Dimensions: -
Bedrooms:0
Bathrooms:0 (0 full, 0 half)
House Size: 2,384 sq.ft.
Acreage: 0.18 est.
Year Built: 1947
Property Type: Quadruplex
Style: -
Features & Room Sizes
Paved Road: -
Garage: -
Construction: -
Exterior Misc: -
Pool: Yes
Pool Description: -
Basement: -
Appliances: Free-Standing Range
Cooling: Other
Heating: Other
Waste: Public Sewer
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: -
Tax, Fees & Legal
Legal Description: LINDALE PARK BLK 5 LOT 25
HOA fees:
Information provided by South Texas MLS Listing information provided courtesy of the Corpus Christi Association of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Listing By: Debbie Greene of Keller Williams Coastal Bend, Phone: (361) 225-7900
