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.
Sewer Available, Underground Utilities, Water Available
Concrete, Converted Garage, Front Entry, Rear/Side/Off Street
Electric Cooktop, Electric Oven, Electric Range, Range Hood, Refrigerator
Central Air, Electric, Window Unit(s)
Frame, Shingle Siding, Wood Siding
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Listing information last updated on November 30th, 2023 at 8:45am CST.