$93,500
238 Watson Street,
Corpus Christi TX, 78415
Description
DUPLEX! GREAT Investment! These two units have very steady income and tenants with stellar rental history! The first unit (A), which is a two-bedroom, one-bath rents for $650 per month and the tenant has lived there for nearly five decades. The second unit (B), is a one-bedroom, one-bath that rents for $550; this tenant has been there 10 years. Annual expenses are: Water $817, Lawn Maintenance $740, Insurance $1,516, Taxes $1,968. The property has a positive cash flow of nearly $9,000 annually. There is an area in the center of the two units that is large enough to build one more unit to increase the rental income potential of this property. Make sure you don't miss this investment!
Details
| MLS# | 373891 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1940 |
| Days On Site | 154 |
Features
| SQ Feet | 1,411 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 7000.00 |
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| Area Information | |
|---|---|
| State | TX |
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78415 |
| Community Name | Southmoreland |
| School District | Corpus Christi ISD |
| Elementary School | Houston |
| Middle School | Baker |
| High School | Ray |
| Listing VS Median (in Southmoreland) | |
Price: $93,500 low | high Med: $131,700 SqFt: 1,411 low | high Med: 1,362 $ / SqFt: $66 low | high Med: $98 On Site: 154 low | high Med: 191 Sourced by Back At You | |
Listing Updated: April 14, 2021 2:16:51 PM PDT
MLS Number: 373891Listing Provided By:
Sally Bales of Safe Harbor Real Estate LLC