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.
Bedrooms8 |
Bathrooms4 |
Square Feet3072 |
Year Built1948 |
Car Parking- |
If you would like to see this property, please don't hesitate to contact me.
Brenton ReaganCass Real Estate
| ||||
Office LocationCass Real Estate
|
Provided through IDX via Corpus Christi Association of REALTORS. Courtesy of Corpus Christi Association of REALTORS Shareholder. Copyright Corpus Christi Association of REALTORS.
The information published and disseminated by Corpus Christi Association of REALTORS is communicated verbatim, without change by Corpus Christi Association of REALTORS, as filed with Corpus Christi Association of REALTORS by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 Corpus Christi Association of REALTORS. All rights reserved. The information provided hereby constitutes proprietary information of Corpus Christi Association of REALTORS, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from Corpus Christi Association of REALTORS, Inc. Listing By: Brenton Reagan of Cass Real Estate