Corpus Christi, TX 78401,1419 Laredo ST
Corpus Christi, TX 78401,1419 Laredo ST
Corpus Christi, TX 78401,1419 Laredo ST
Corpus Christi, TX 78401,1419 Laredo ST
Corpus Christi, TX 78401,1419 Laredo ST
Corpus Christi, TX 78401,1419 Laredo ST
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$ 375,000
Est. payment | /mo

2,679 SqFt


$ 375,000
Est. payment | /mo

2,679 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,679 sqft

Price per Sqft $139

Subdivision South Bluff

MLS Listing ID 447223

HOA Y/N No

Year Built 1955

Annual Tax Amount $2,797

Lot Size 10,890 Sqft

Acres 0.25

Property Description

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!

Location

State TX

County Nueces

Interior

Interior Features Open Floorplan

Heating Window Unit

Cooling Window Unit(s)

Flooring Laminate, Linoleum, Vinyl

Fireplace No

Appliance Free-Standing Range, Gas Oven, Gas Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Other

Garage Gravel, Rear/Side/Off Street

Fence Chain Link

Pool None

Utilities Available Natural Gas Available, Sewer Available, Water Available

Roof Type Shingle

Total Parking Spaces 9

Building

Lot Description Interior Lot

Story 2

Entry Level Two

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Other

Schools

Elementary Schools Allen

Middle Schools Driscoll

High Schools Miller

School District Corpus Christi Isd

Others

Tax ID 816100310050

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by NB Elite Realty

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1419 Laredo ST