238 Watson Street

    Corpus Christi, TX 78415
    • $85,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 358341
    Price Reduced
    UPDATED: 46 min ago
    $85,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Ray
    School District:

    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!

    Monthly Payment Calculator

    © 2020 Coastal Bend Multiple Listing Service. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Elite Corpus Christi & Coastal Bend. Data last updated: 2020-04-09T12:52:37.967.
    www.mycorpuschristirealestate.com/homes/104172297

    238 Watson Street Corpus Christi, TX 78415

    • Price: $85,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 358341
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1940
    Built
    Neighborhood:
    Southmoreland
    County:
    Nueces
    Area:
    Corpus Christi
    Elementary School:
    Houston
    Middle School:
    Baker
    High School:
    Ray
    School District:
    Corpus Christi Isd
    Property 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!
    Exterior Features

    Carport YN Yes Levels One Lot Size Dimensions 50 X 140 Parking Features CarportRear/Side/Off Street Roof Shingle

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Window Unit Heating YN Yes

    Property Features

    Building Area Total 1411 Foundation Details Pillar/Post/Pier Insurance Expense 1516 Listing Terms CashConventionalPrivate Financing Available Living Area 1411 Lot Features Interior Lot Property Sub Type Duplex Tax Annual Amount 2010 Tax Legal Description Southmoreland Blk 13 Lot 22 Tax Lot 22 Utilities Sewer AvailableWater Available Water Source Public

    Listing provided courtesy of Safe Harbor Real Estate, Llc. © 2020 Coastal Bend Multiple Listing Service.
    © 2020 Coastal Bend Multiple Listing Service. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Elite Corpus Christi & Coastal Bend. Data last updated: 2020-04-09T12:52:37.967.
     
    RE/MAX Elite Corpus Christi & Coastal Bend
    9450 South Padre Island Drive, Suite 3
    Corpus Christi TX, 78418