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Realty Executives Corpus Christi & Coastal Bend

michael@realtyexecutives.com +1(512) 740-7615

$ 439,900

Est. payment -/mo

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642 Robinson ST Corpus Christi, TX 78404

8 Beds

4 Baths

3,072 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,072 sqft

Price per Sqft $143

Subdivision Lindale Park #4

MLS Listing ID 470585

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1948

Annual Tax Amount $3,707

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Quadruplex

Property Description

This renovated 4-plex has been worked on from the ground up. Currently 100% occupied, it is split into 1 unfurnished unit for long-term leases and 3 Fully-Furnished all-bills-paid units for mid-term leases (1-6 months or so). The furnishings and decor in the 3 furnished units convey. Since 2023 it's received foundation work (including new subfloors), Mini-split air systems for all units, vinyl plank flooring, interior and exterior paint, new appliances, furniture, decor, and more. Good rents and minimal expenses give this property a whopping CAP rate of 10.3%, and this could be higher if the 4th unit is converted some day to fully-furnished as well. All 4 units are 2 bedroom with 1 bathroom (2/1), set up with 2 units downstairs and 2 units upstairs. There is a central stairway indoors up front to access the upstairs units. In the rear, each unit also has a back door that leads into a common area where the laundry closet is. All tenants share the washer and dryer, and these appliances convey. Three stoves are gas, one is electric. Water and gas are on Master meters and fall under Landlord expenses; electric meters are individual for each unit and could be billed out separately. There are awnings for the Tenant parking area in the rear, but they're down currently due to winter winds.

Location

State TX

County Nueces

Community Curbs, Gutter(S), Sidewalks

Interior

Interior Features Open Floorplan, Window Treatments

Heating Ductless, Gas, Window Unit

Cooling Ductless, Gas, Window Unit(s)

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Range, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Parking Features Rear/Side/Off Street, On Street

Fence Partial, Wood

Community Features Curbs, Gutter(s), Sidewalks

Utilities Available Sewer Available, Underground Utilities, Water Available

Roof Type Shingle

Porch Covered, Patio

Total Parking Spaces 6

Building

Lot Description Interior Lot, Landscaped

Faces Southeast

Story 2

Entry Level Two

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Menger

Middle Schools Hamlin

High Schools Ray

School District Corpus Christi Isd

Others

Tax ID 447500380100

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Virtual Tour https://www.propertypanorama.com/instaview/cor/470585

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS

Listed by Cass Real Estate • Brenton Reagan

Realty Executives Corpus Christi & Coastal Bend

Regional Developer Texas | License ID: 408918

+1(512) 740-7615

Realty Executives Corpus Christi & Coastal Bend

642 Robinson ST Corpus Christi, TX 78404

Key Details

Location

Interior

Exterior

Building

Schools

Others

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642 Robinson ST