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INVESTMENT PROPERTY WITH INCOME ALREADY IN PLACE! The property consists of three 1-bedroom apartments and one efficiency, with all four units currently leased at $750 per month, providing $3,000 in gross monthly rental income. A newer roof is another added benefit. Conveniently located just blocks from Ocean Drive, CHRISTUS Spohn Hospital Shoreline and Cole Park, this multi-unit property offers a great opportunity for an investor looking for immediate rental income and future potential. Per the seller, approximately 1,333 sq. ft. of converted garage living space is not reflected in the appraisal district square footage. This area includes one of the 1-bedroom apartments and the efficiency. The property is being sold AS-IS and could benefit from some TLC and updating, making it a great value-add opportunity while continuing to generate rental income. Convenient to the bayfront, downtown, hospitals, parks, dining and more. (Some pictures have been edited using AI- and virtually staged to help you envision the space)
Based on information from South Texas MLS, LLC for the period 01/01/2024 through 12/31/2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The listing data contained is a copyright of Texas Association of REALTORS® and that reproduction or distribution is not allowed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Listed by Jacqueline O'Neill (#0618758)
Listing Office: Corpus Christi Realty Group (#533311)

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