Located just minutes from the bayfront in Port Lavaca, this three-unit rental property presents an excellent value-add investment opportunity in a high-demand coastal market. All three units are currently rented, providing immediate income while allowing a new owner the chance to improve and increase future returns.
The property is functional and income-producing but needs some TLC and attention, making it ideal for an investor looking to add value through cosmetic updates, deferred maintenance improvements, or gradual renovations over time. With strong rental demand near the waterfront and downtown, there is clear upside potential.
Whether you’re seeking a project with built-in cash flow or a long-term hold in a growing coastal community, this property offers the rare combination of current income and future appreciation.
Key Features:
Three rental units
All units currently occupied
Value-add opportunity
Desirable location near bayfront and downtown
Strong long-term rental demand
174 days
|
166
|
13
|
Zillow last checked:
Listing updated:
Listed by:
The Shore Thing Team361-408-9171,
Fuller Realty Interests, LLC,
Kristina Marie Summers361-250-4845,
Fuller Realty Interests, LLC
Source: Central Texas MLS,MLS#: 602572Originating MLS: Victoria Area Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Central, Electric
Cooling
Central Air, 3+ Units
Appliances
Included: Multiple Water Heaters, Microwave, Refrigerator, Cooktop
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.