419 Gulfspray Ave , Corpus Christi, TX 78402
Corpus Christi, TX 78402
Description
11+% 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# | 444611 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 87 |
| Listing Provided By | Cass Real Estate | Brenton Reagan |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,757 |
| Story(s) | 1 |
| Acreage | 0.11 |
| Property View | Yes |
Market Activity 78402
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Learn More About This Property
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78402 |
| Community Name | Brooklyn |
| Listing VS Median (in Brooklyn) | |
Price: $375,000 low | high Med: $787,500 SqFt: 1,757 low | high Med: 1,399 $ / SqFt: $213 low | high Med: $684 On Site: 87 low | high Med: 401.500000 | |