Income-Producing Multifamily W/ Expansion Potential Just off I-10 Turn-key multifamily investment on a corner lot just over half an acre, offering immediate cash flow with future upside. Located just off I-10 along the route to Bolivar Peninsula and nearby industrial plants, supporting both long-term and short-term rental demand.The property includes two well-maintained 1-bedroom, 1-bath units, each with a living area, kitchen, full bath, and private bedroom. Both units are tenant occupied on month-to-month leases, providing flexibility for rent increases, STR conversion, or owner-operator use. Unit 367 offers two mini-splits, a covered porch with handicap-accessible ramp and stairs, and a long-term tenant of over three years. Unit 369 features stair access and one mini-split. A detached utility building provides water heaters, washer/dryer, and tenant storage. The property is approved for two additional buildings.
223 days
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69
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3
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Zillow last checked:
Listing updated:
Listed by:
Rebecca SherwoodTREC #0729835832-302-5171,
RE/MAX Universal
Source: HAR,MLS#: 3555981
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Heating
Other
Cooling
Other
Appliances
Included: Range, Refrigerator
Interior area
Total structure area: 572
Total interior livable area: 572 sqft
Property
Features
Stories: 1
Lot
Size: 0.5 Acres
Features: Cleared, Corner Lot, 1/2 Up to 1 Acre
Details
Parcel number: 56278
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Roof: Metal
Condition
New construction: No
Year built: 2017
Utilities & green energy
Utilities for property: Electricity Available, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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