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419 Gulfspray Avenue

Corpus Christi, TX 78402
  • $450,000
  • STATUS: Active
  • ON SITE: 340 Days
  • MLS #: 419633
UPDATED: 144 min ago
$450,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,060
    SQFT
  • $425
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Information

Elementary School:
Middle School:
High School:
Ray
School District:

Description

10%+ 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.

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© 2024 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or South Coast Real Estate, LLC. Data last updated: 2024-04-24T16:52:56.373.
www.southcoasttexas.com/homes/139747908
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419 Gulfspray Avenue Corpus Christi, TX 78402

  • Price: $450,000
  • Status: Active
  • On Site: 340 Days
  • Updated: 144 min ago
  • MLS #: 419633
4
Beds
4
Baths
0
½ Baths
0.11
Acres
1,060
SQFT
$425
$/SQFT
1975
Built
Neighborhood:
Brooklyn
County:
Nueces
Area:
Corpus Christi
Elementary School:
Evans
Middle School:
Wynn Seale
High School:
Ray
School District:
Corpus Christi Isd
Property Description
10%+ 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.
Exterior Features

Construction Materials Frame Shingle Siding Wood Siding Exterior Features Deck Fencing None Levels One Lot Size Dimensions ~50x95 Parking Features Converted Garage Concrete Front Entry Rear Side Off Street Parking Total 6 Patio And Porch Features Covered Deck Open Patio Pool Features None Road Frontage Type All Weather Road City Street Road Surface Type Paved Roof Shingle View Beach Water Waterfront YN No Window Features Window Coverings

Interior Features

Appliances Electric Cooktop Electric Oven Electric Range Refrigerator Range Hood Cooling Electric Central Air Window Units Cooling YN Yes Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 1 Flooring Laminate Vinyl Heating Window Unit Central Electric Heating YN Yes Interior Features Breakfast Bar Ceiling Fans Laundry Features None Security Features Smoke Detectors

Property Features

Building Area Total 1060 Direction Faces Northeast Documents Available Aerial Foundation Details Slab Insurance Expense 2400 Listing Terms Cash Conventional Private Financing Available Lot Features Corner Lot Property Sub Type Triplex Sewer Public Sewer Stories 1 Tax Annual Amount 1572 Tax Legal Description BROOKLYN BLK 65 LOT 11 Tax Lot 11 Utilities Sewer Available Underground Utilities Water Available View YN Yes Water Source Public

Listing provided courtesy of . © 2024 Coastal Bend Multiple Listing Service.


© 2024 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or South Coast Real Estate, LLC. Data last updated: 2024-04-24T16:52:56.373.
 
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South Coast Real Estate, LLC
302 Rosebud Avenue
Corpus Christi TX, 78404