Interior and exterior paintNew appliancesVinyl plank flooringCentral stairway indoors
This renovated 4-plex has been worked on from the ground up. Currently 100% occupied, it is split into 1 unfurnished unit for long-term leases and 3 Fully-Furnished all-bills-paid units for mid-term leases (1-6 months or so). The furnishings and decor in the 3 furnished units convey. Since 2023 it's received foundation work (including new subfloors), Mini-split air systems for all units, vinyl plank flooring, interior and exterior paint, new appliances, furniture, decor, and more. Good rents and minimal expenses give this property a whopping CAP rate of 10.3%, and this could be higher if the 4th unit is converted some day to fully-furnished as well. All 4 units are 2 bedroom with 1 bathroom (2/1), set up with 2 units downstairs and 2 units upstairs. There is a central stairway indoors up front to access the upstairs units. In the rear, each unit also has a back door that leads into a common area where the laundry closet is. All tenants share the washer and dryer, and these appliances convey. Three stoves are gas, one is electric. Water and gas are on Master meters and fall under Landlord expenses; electric meters are individual for each unit and could be billed out separately. There are awnings for the Tenant parking area in the rear, but they're down currently due to winter winds.
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Zillow last checked:
Listing updated:
Listed by:
Brenton Reagan512-736-2695,
Cass Real Estate
Source: South Texas MLS,MLS#: 481495Originating MLS: Corpus Christi
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 4
Heating
Ductless, Gas, Window Unit
Cooling
Ductless, Gas, Window Unit(s)
Appliances
Included: Electric Cooktop, Electric Oven, Electric Range, Gas Cooktop, Gas Oven, Gas Range, Refrigerator