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3 Beds
3 Baths
2,117 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,117 sqft
Subdivision Home Place
MLS Listing ID 478460
Sold Date -
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,270
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Multi Family
Property Description
This versatile investment property features four buildings and offers an excellent opportunity for investors, entrepreneurs, or owner-operators seeking a multi-unit investment or compound with on-site business potential. The property includes a small commercial/retail building (currently vacant and in need of improvements) along with three rented one-bedroom, one-bath efficiency units generating immediate rental income. (One unit approx 401sqft, 392 sqft, & 364 sqft and approx 960 sqft vacant commercial building).
Perfectly positioned just off Highway 286, the property offers a strong blend of residential and commercial income potential in a highly accessible location. The three efficiency units are already producing income, while the commercial building provides flexibility for a business, office, retail space, or additional rental income once upgraded.
This affordable investment opportunity offers immediate income with room for future growth. Whether you're looking to expand your investment portfolio, establish a business location, or capitalize on the property's value-add potential, this unique offering provides flexibility, income, and opportunity in one convenient package. CASH purchase is the best option due to commercial building- IF financing you'll most likely need 50% down IF lender is willing to finance.
Location
State TX
County Nueces
Interior
Interior Features Open Floorplan
Heating Ductless, Window Unit
Cooling Ductless, Window Unit(s)
Flooring Vinyl
Fireplace No
Appliance Electric Oven, Electric Range
Laundry Other
Exterior
Exterior Feature None
Parking Features Front Entry, On Street
Utilities Available Sewer Available, Water Available
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Corner Lot, Interior Lot
Story 1
Entry Level One
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building None
New Construction No
Schools
Elementary Schools Allen
Middle Schools Driscoll
High Schools Miller
School District Corpus Christi Isd
Others
Tax ID 351500130060
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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