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 $2,010 & Repairs $327. 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!
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 5th, 2020 at 4:45am CDT.