$399,000
1419 Laredo St, Corpus Christi, TX 78401
- -Bed
- 0Bath
- 2679SqFt
- -Bed
- 0Bath
- 2679SqFt
- Property TypeCondo
- Year Built1955
- Price per Sqft$149
- On highrises24 Days
Property Details
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!
Property Features
Bathrooms
- Total Bathrooms: 0
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Tyler W Fox
- state license#0766579
- Brokered by:
- NB Elite Realty
- (713) 213-0000