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Carol Graves, Sales Associate
FOR SALE
$399,000

1419 Laredo Street
Corpus Christi, TX 78401

Apartment
Residence
2,679
Sqft
0.25
Lot Size
Courtesy: NB Elite Realty
Investors, take note! This 9-unit multifamily property is a cash cow, delivering excellent cash flow and strong rental demand. Located just minutes from downtown Corpus Christi, this complex offers a prime location with close proximity to shopping, dining, and entertainment. Of the 9 apartments, several have been recently updated, attracting quality tenants and increasing the property's overall value. 7 out of 9 units are currently leased, providing a steady income stream. At the current rental rates, the property generates $6,095 per month in gross rent, with room to increase profits by making additional cosmetic renovations to further boost the rental potential. The property is currently professionally managed, providing a hassle-free investment. Whether you're looking to expand your portfolio or get started with a strong-performing asset, this property offers high returns and growth potential in a thriving market. Don't miss out on this opportunity to acquire this cash cow!
447223
Apartment, 2 Story
Nueces
1955
0.25 Acres
Public Water
2
HardiPlank Type, Wood Siding
Public Sewer
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: NB Elite Realty
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This content last refreshed on 9/16/2024 2:51 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.