826 Indiana AVE Active Save Request In-Person Tour Request Virtual Tour
Corpus Christi,TX 78404
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,384 sqft
Price per Sqft $122
Subdivision Lindale Park
MLS Listing ID 451089
HOA Y/N No
Year Built 1947
Annual Tax Amount $5,246
Lot Size 7,840 Sqft
Acres 0.18
Property 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.
Location
State TX
County Nueces
Interior
Interior Features Other
Heating Central,Electric
Cooling Central Air
Flooring Hardwood,Vinyl
Fireplace No
Appliance Electric Oven,Electric Range,Free-Standing Range
Laundry Washer Hookup,Dryer Hookup
Exterior
Parking Features Assigned,Carport
Fence Chain Link,Wood
Utilities Available Sewer Available,Water Available
Roof Type Shingle
Building
Lot Description Interior Lot
Story 2
Entry Level Two
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Menger
Middle Schools Baker
High Schools Ray
School District Corpus Christi Isd
Others
Tax ID 447000050250
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan