10%+ CAP RATE! Great INVESTOR opportunity, FURNISHED Triplex on

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Townhome/Townhouse For Sale

419 Gulfspray Ave

Corpus Christi, Texas 78402

Nueces County Water View: Yes

Community: Brooklyn

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$450,000 4 br, 4.0 bath 1060 sq. ft. 0.110 acres

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.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 1060
  • Year Built: 1975
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 1.0
  • Heat/AC: Central Furnace,Fireplace
  • Garage: 
Exterior:
  • Lot Size: 0.110 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Wood Siding
  • Roof: Composition Shingle
  • Property Taxes: $1,572
  • MLS #: 419633
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Contact Information:
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contact button Carolyn Walker, Keller Williams Coastal Bend
phone button 210-887-6208
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Beach Townhome/Townhouse For Sale in Corpus Christi, Texas
Ad Number: 3829695
Viewed 277 times.
Updated: May 23, 2024

This property is a Townhome/Townhouse located at 419 Gulfspray Ave, Corpus Christi, Texas 78402, and is currently For Sale at $450,000. This Townhome/Townhouse has 4 bedrooms, 4.0 baths, 1060 sq ft.

Listing Agent: Brenton Reagan, Cass Real Estate, 512-736-2695, 361-643-2662 Listing Site, Listing Status: Active
Copyright © 2024 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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