$450,000 $2,416 est/mo Sourced by Back At You

419 Gulfspray Ave,Corpus Christi, TX 78402

Corpus Christi TX, 78402

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Description

10%+ CAP RATE! Great INVESTOR opportunity, FURNISHED Triplex on North Beach in Corpus, just 2 blocks from the Beach and 2-minutes' drive from the Texas State Aquarium, USS Lexington, and restaurants. It's just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The North Beach Canal Project will be near if current plans hold. Either way, rent potentials easily surpass the 1% rule. NEW Roof 2022. The upstairs unit is a ~1060 SF updated 2/2 featuring Central Air, laminate and vinyl floors for easy sand cleanup, granite countertops, a wood-burning fireplace, and walkway-decks on all sides. The downstairs has 2x updated 1/1 units with hard flooring, tiled walk-in showers, and window units. These have been rented out on a week-to-week basis for mainly project workers, but higher rates of income are possible for weekly or vacation-rental setup, especially during busy times of year. Could be a vacation beach home with rentals as well.

Details

MLS#419633
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1975
Days On Site365
Listing Provided ByCass Real Estate | Brenton Reagan

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet1,060
Story(s)1
Units1
Acreage0.11
Property ViewYes

Market Activity 78402

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Corpus Chrisiti Association of REALTORS®.

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Listings Checked: 4 minutes ago
StateTX
CountyNueces
CityCorpus Christi
Zip Code78402
Community NameBrooklyn
Listing VS Median (in Brooklyn)
Price:
$450,000
low | high
Med:
$825,000
33.333333333333% of Average
SqFt:
1,060
low | high
Med:
1,050
50.943396226415% of Average
$ / SqFt:
$425
low | high
Med:
$789
35.897435897436% of Average
On Site:
365
low | high
Med:
466.500000
78.242229367631% of Average
Sourced by Back At You
Listing Updated: May 2, 2024 at 2:02:57 PM PDT