$85,000

238 Watson Street

Corpus Christi TX, 78415

Description

DUPLEX! GREAT Investment! These two units have very steady income and tenants with stellar rental history! The first unit (A), which is a two-bedroom, one-bath rents for $650 per month and the tenant has lived there for nearly five decades. The second unit (B), is a one-bedroom, one-bath that rents for $550; this tenant has been there 10 years. Annual expenses are: Water $817, Lawn Maintenance $740, Insurance $1,516, Taxes $2,010 & Repairs $327. The property has a positive cash flow of nearly $9,000 annually. There is an area in the center of the two units that is large enough to build one more unit to increase the rental income potential of this property. Make sure you don't miss this investment!

Details

MLS#358341
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1940
Days On Site191

Features

SQ Feet1,411
Car PortYes
Story(s)1

Market Activity 78415

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Area Information
StateTX
CountyNueces
CityCorpus Christi
Zip Code78415
Community NameSouthmoreland
School DistrictCorpus Christi ISD
Elementary SchoolHouston
Middle SchoolBaker
High SchoolRay
Listing VS Median (in Southmoreland)
Price:
$85,000
low | high
Med:
$114,000
15.882352941176% of Average
SqFt:
1,411
low | high
Med:
1,280
59.284195605953% of Average
$ / SqFt:
$60
low | high
Med:
$89
2.15625% of Average
On Site:
191
low | high
Med:
238
80.252100840336% of Average
Listing Updated: 09/20/2020
Sally Bales LogoMLS Number: 358341
Listing Provided By:
Sally Bales  of  Safe Harbor Real Estate LLC

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Corpus Chrisiti Association of REALTORS®.