Coldwell Banker Island Realtors- Port Aransas
4226 Walnut Hills Dr #1-8
CorpusChristi, TX 78413

Description

CALLING ALL INVESTORS!!! THIS INCOME PRODUCING PROPERTY CONSIST OF EIGHT 2 BEDROOM 2-1/2 BATH 1248 SQ.FT.TOWNHOMES WITH WASHER/DRYER CONNECTIONS, 2 CAR DETACHED GARAGE AND FIREPLACE. EACH BEDROOM HAS ITS OWN BATH AND BALCONY AND EACH UNIT HAS IT'S OWN PRIVATE PATIO. ALL UNITS ARE CURRENTLY LEASED AT $950.00 PER UNIT. IT IS IN NEED OF INTERIOR AND EXTERIOR COSMETIC REPAIRS AND POSSIBLY UPDATES. THE RENTS ARE WAY UNDER MARKET DUE TO THE CONDITION OF THE PROPERTY. WITH SOME TLC THEY CAN EASILY LEASE AT $1250.00 TO $1350.00 PER UNIT. THE OWNERS ARE WILLING TO NEGOTIATE THE OFFER BASED ON INSPECTIONS AND APPRAISAL. WE ARE LOOKING FOR A SERIOUS BUYER. THIS PROPERTY IS LOCATED IN A VERY DESIRED AREA OF TOWN AND IS A GREAT OPPORTUNITY!!!!

Details

MLS#309664
Sub-TypeResale
StatusActive
Year1985
Days On Site508

Features

SQ Feet10,000
Units8
Building(s)1

Market Activity 78413

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Area Information

StateTX
CountyNueces County
CityCorpusChristi
Zip Code78413
AreaNueces County
Listing VS Median (in 78413)
Price:
$900,000
low | high
Med:
$206,900
100% of Average
SqFt:
10,000
low | high
Med:
2,016
100% of Average
$ / SqFt:
$90
low | high
Med:
$103
35.880753319498% of Average
On Site:
508
low | high
Med:
101
100% of Average
Listing Updated: 08/16/2018
MLS Number: 309664
Listing Provided By:
Debra Austin  of  D. Ann Realty
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