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Carol Graves, Sales Associate
FOR SALE
$450,000
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419 Gulfspray Avenue
Corpus Christi, TX 78402

Triplex, Multi-Family
Residence
4
Beds
4
Baths
1,060
Sqft
0.11
Lot Size
Courtesy: Cass Real Estate

Description for 419 Gulfspray Avenue Corpus Christi, TX 78402

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.

Property Details

419633
Triplex, Multi-Family, 1 Story
4
Nueces
4 Full
1975
0.11 Acres
Public
1
Frame,Shingle,Wood
Public Sewer
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Courtesy: Cass Real Estate
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Carol Graves 14302 S. Padre Island Dr., Corpus Christi, TX 78418 | Phone: (361) 389-9670 | Email: carol.graves@bhhsrec.com

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