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Brenton Reagan · Cass Real Estate

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Buy a houseat 419 Gulfspray Avenue, Corpus Christi, TX 78402

$375,000

$0/mo

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Residential

1,757 Sq. Ft.

4,713 Sq. Ft. lot

4 Bedrooms

4 Bathrooms

152 Days on market

444611 MLS ID

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Property sales history

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About 419 Gulfspray Avenue house

11+% 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.
11+% 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.

Property details

Appliances

Electric Cooktop

Electric Oven

Electric Range

Refrigerator

Range Hood

Construction materials

Frame

Shingle Siding

Wood Siding

Cooling

Ceiling Fan(s)

Electric

Central Air

Window Unit(s)

Fencing

None

Fireplace features

Wood Burning

Flooring

Laminate

Vinyl

Foundation details

Slab

Heating

Central

Electric

Interior features

Breakfast Bar

Ceiling Fan(s)

Laundry features

None

Levels

One

Lot features

Corner Lot

Parking features

Converted Garage

Concrete

Patio and porch features

Covered

Deck

Patio

Pool features

None

Possession

Subject To Tenant Rights

Road frontage type

City Street

Road surface type

Paved

Roof

Shingle

Security features

Smoke Detector(s)

Sewer

Public Sewer

Utilities

Sewer Available

Underground Utilities

Water Available

View

Beach

Water

Window features

Window Coverings

Monthly cost

Estimated monthly cost

$2,715/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Dec 10, 2015

Price

$125,000

DatePrice
Dec 10, 2015$125,000

Schools

This home is within the Corpus Christi Independent School District.

Corpus Christi enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$352,500

+$11,250

$363,750

Seller agent commission$11,250 (3%)*

$0 (0%)

Buyer agent commission$11,250 (3%)*

$11,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Get $11,250 more selling your home
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State

  • Condos in Texas
  • Real Estate for Sale in Texas

Unreal Estate checked: Sep 10, 2024 at 1:34 p.m.

Data updated: Aug 19, 2024 at 7:13 p.m.

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