1525 5th St,Corpus Christi, TX 78404
Corpus Christi, TX 78404
Description
Excellent opportunity to own a fully leased income-producing duplex with a rear unit in a central Corpus Christi location. This property offers 1,656 SF total, featuring a front duplex (1,096 SF) and a separate rear unit (560 SF)ideal for small investors seeking steady cash flow. The front building consists of two 1-bedroom / 1-bath units, while the rear unit offers 2 bedrooms and 1 bath, providing a desirable unit mix that appeals to a wide tenant base. All three units are fully leased, generating $37,800 in annual income. This property presents a great opportunity for an investor looking for a stabilized asset with immediate returns, or for those seeking to expand a rental portfolio in an established neighborhood near downtown, schools, and major roadways.
Details
| MLS # | 469672 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 233 |
| Listing Provided By | DH Realty Partners Inc | James Magill |
Features
| SQ Feet | 1,096 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.16 |
Exterior
| Lot Features | Other |
|---|
Parking
| Parking Features | Concrete, On Street |
|---|
Taxes
| Tax Annual Amount | 3218 |
|---|
Area Information
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78404 |
| Community Name | Ocean View |
| Listing VS Median (in Ocean View) | |
Price: $290,000 low | high Med: $0 On site: 233 low | high Med: | |
Market Activity 78404
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Learn More About This Property
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78404 |
| Community Name | Ocean View |
| Listing VS Median (in Ocean View) | |
Price: $290,000 low | high Med: $0 On site: 233 low | high Med: | |