826 Indiana AVE Active

Corpus Christi,TX 78404

$ 275000

- Bed

0 Bath

2384 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,384 sqft

Price per Sqft $115

Subdivision Lindale Park

MLS Listing ID 457443

HOA Y/N No

Year Built 1947

Annual Tax Amount $5,246

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Quadruplex

Property Description

AN Investor's dream. 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 has a reliable income stream, excellent location, and strong rental demand.

Location

State TX

County Nueces

Interior

Interior Features None

Heating Other

Cooling Other

Flooring Other

Fireplace No

Appliance Free-Standing Range

Laundry Washer Hookup,Dryer Hookup

Exterior

Parking Features Assigned,Carport,Rear/Side/Off Street

Utilities Available Sewer Available,Water Available

Roof Type Shingle

Building

Lot Description Landscaped

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

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