826 Indiana Ave , Corpus Christi, TX 78404
Corpus Christi, TX 78404
Description
This well-maintained 4-plex is a prime addition to your investment portfolio! Situated on a large lot with ample parking, including a convenient wrap driveway and assigned covered carports for each unit, this property is just moments away from Del Mar College, Ocean Drive, shopping, restaurants, parks, and top-rated schools. Each of the four units features: 1 Bedroom, 1 Bathroom, 1 Living Room, hardwood flooring and large windows for an abundance of natural light, spacious living areas with adjacent kitchens equipped with gas stoves and refrigerators. Tenants enjoy independence with separately metered utilities for electricity, gas, and water/trash, keeping owner expenses minimal. The property is currently fully rented, generating a monthly income of $2,720, offering an impressive 10%+ return. All four units are leased at $680/month, all on annual lease agreements. This property is an investor's dream with a reliable income stream, excellent location, and strong rental demand.
Details
| MLS# | 451089 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 61 |
| Listing Provided By | Premier Agent Network, LLC | Roland Marcha |
Features
| SQ Feet | 2,384 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.18 |
Market Activity 78404
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Learn More About This Property
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78404 |
| Community Name | Lindale Park |
| School District | Corpus Christi ISD |
| Elementary School | Menger |
| Middle School | Baker |
| High School | Ray |
| Listing VS Median (in Lindale Park) | |
Price: $291,000 low | high Med: $249,000 SqFt: 2,384 low | high Med: 1,344 $ / SqFt: $122 low | high Med: $185 On Site: 61 low | high Med: 65.000000 | |