$170,000

About this home

Income-Producing Multifamily W/ Expansion Potential Just off I-10 Turn-key multifamily investment on a corner lot just over half an acre, offering immediate cash flow with future upside. Located just off I-10 along the route to Bolivar Peninsula and nearby industrial plants, supporting both long-term and short-term rental demand.The property includes two well-maintained 1-bedroom, 1-bath units, each with a living area, kitchen, full bath, and private bedroom. Both units are tenant occupied on month-to-month leases, providing flexibility for rent increases, STR conversion, or owner-operator use. Unit 367 offers two mini-splits, a covered porch with handicap-accessible ramp and stairs, and a long-term tenant of over three years. Unit 369 features stair access and one mini-split. A detached utility building provides water heaters, washer/dryer, and tenant storage. The property is approved for two additional buildings.

Property details

Year built

2017

Property type

Residential Income

Style

Multi Family,Multiple Detached Dwellings

Heating

Other

Cooling

Other

Lot

0.5046 acres

Taxes / yr

$3,715