$450,000 for Sale

419 gulfspray ave , corpus christi, TX 78402

Beds 4 Baths 4 1,060 Sqft 0.11 Acres 1 of 40
Property Description
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.
Waterfront
Water Name:  -
Water Description:  -
General Information
Sale Price: $450,000
Price/SqFt: $425
Est. Payments: $2,955
Calculate Payments Mortgage Rates
Status: Active
MLS#: 419633
City: corpus christi
Post Office: corpus christi
Schools: corpus christi isd
County: Nueces
Subdivision: brooklyn
Acres: 0.11
Lot Dim: ~50x95
Bedrooms:4
Bathrooms:4   (4 full, 0 half)
House Size: 1,060 sq.ft.
Acreage: 0.11 est.
Year Built: 1975
Property Type: Triplex
Style: -
Features & Room Sizes
Pole Buildings: 
Paved Road:  Paved
Garage:  - Car
Construction:  Frame Shingle Siding Wood Siding
Exterior Misc:  Deck
Basement:  -
Appliances:  Electric Cooktop Electric Oven Electric Range Refrigerator Range Hood
Cooling:  Electric Central Air Window Unit(s)
Heating:  Window Unit Central Electric
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Buyer's Agency Compensation*: 3.0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
HOA fees: 
Legal Description:  BROOKLYN BLK 65 LOT 11


Listing Courtesy of: Brenton Reagan of Cass Real Estate

Listing information provided courtesy of the Corpus Christi Association of REALTORS®. IDX information is provided 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.

This listing last updated: Fri, October 27, 2023 at 4:09:41 PM EDT

CCAR Listing Data Last Updated on Sat, May 4 2024 at 4:44pm
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Cass Real Estate
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