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bedrooms
bedrooms
4
bathrooms
bathrooms
0
square feet
square feet
2,384
acreage
Acreage
0.18
open houses
Open Houses
-
year built
year built
1947
full baths
Full Baths
0
half baths
Half Baths
0
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 is an investor's dream with a reliable income stream, excellent location, and strong rental demand.
Location
Subdivision Lindale Park
County Nueces
Elementary School Menger
Middle School Baker
High School Ray
Exact location data not provided
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open houses Open houses
None scheduled.
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MLS number: 451089
Listing agent: Roland Marcha #0593433
Listing broker: Premier Agent Network, Llc (877) 663-9366
Copyright © 2024 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, December 20 2024 at 7:37 p.m. EST
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