NO INCOME DOCS FINANCING AVAILABLE with 20% down. Please Do Not Bother Tenants. This 4-Plex is fully leased at $550 per month per unit. The current owner pays for city services, approximately $200.00 per month. Taxes and Insurance average approximately $360.00 per month. Tenants pay their own electric bill. This property is in good condition and in a great location with a Cap. Rate of just under 12%. (Rents are low for the area; could be increased to $750.0 per unit raising the Cap. to nearly 17%)
The information being provided by the Corpus Christi Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated on April 3rd, 2020 at 1:15am CDT.