Property Description

Continuing updates (Updated electrical panel and polishing up some interiors) Currently 4 of the 5 units are rented bringing in $2,950/m, and with the 5th rented it will bring in $3700/m. Will operate at a 12-15% CAP Rate!! The seller is offering a 10k credit at closing to finish up repairs that need to be done to get this place to really shine. rnUnits have been updated as well as the electrical panel. Units have additional sq footage that can be used for dining or as desired. The sidewalk has been renovated, new siding, new exterior paint, some windows replaced, new light fixtures, new vinyl plank flooring, new smoke detectors, interior painting, new bathrooms, new kitchen (cabinets, flooring, sink, and appliances in most of the units). rnThis 5 plex sits on 3 lots (1/2 acre). With a shortage of rental units, this place is a great investment. Down the street from the Naval Air Station CC, Army Depot, and great fishing spots.

Address Map
105321
1218
Barton
Street
W98° 42' 24''
N27° 40' 16''
1218 Barton Street, Corpus Christi, Texas 78418
MLS Addon
Condominium
Flour Bluff Center
1
: Seweravailable, Wateravailable
: Gasoven, Gasrange
: Landscaping
97
$0
Appraiser
MF
$2,985
Landscaped
: Frontentry
Flour Bluff
Other
Slab
Other
21,000 Sqft
Commongroundsarea
KNR Realty LLC
Features
: Windowunit
: Windowunits

Home For sale

1218 Barton Street, Corpus Christi, Texas 78418

3,037 Sqft
$230,000
Listing ID #397050
Basic Details
Property Type : Home
Listing Type : For sale
Listing ID : 397050
Price : $230,000
Built Up Area : 3,037 Sqft
Year Built : 1900
Lot Area : 21,000 Sqft
Status : Active
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