1503 E VIRGINIA AVENUE, VICTORIA, TX 77901
Homes for sale in Victoria.
Homes for sale in 77901.
List Price$319,900
1503 E Virginia Avenue
Victoria, TX 77901
Listing #620272
3,530
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Turnkey multi-family investment property at 1503 E. Virginia in Victoria, TX! This fourplex features four 1 bedroom, 1 bath units and is 75% occupied to provide immediate rental income. Current rent rates also provide room for potential increases, allowing investors to further grow and maximize the property's long term potential. The units offer spacious living areas, functional kitchens, ample natural light, and a mix of hardwood and durable flooring throughout. Some units also feature updated kitchens and bathrooms, along with in-unit washer and dryer connections. Outside, the property offers covered parking in the rear along with additional off-street parking for residents. Conveniently located near shopping, dining, schools, and major thoroughfares, this property is a solid addition to an investment portfolio with existing income and additional value add potential.
Property Features
Location Information
County
Victoria
Directions
From US 59 T Business, turn left onto N. Laurent. Turn right again onto E. Virginia Street and the property will be on the right.
Subdivision
Morningside
Interior Features
Interior
Ceiling Fan(s), Tub Shower, Walk-In Closet(s)
Floors
Hardwood, Laminate, Tile
Has Fireplace
No
Laundry
Washer Hookup, Electric Dryer Hookup
Fireplace Description
None
Disabled Features
None
Heating
Central, Electric, Multiple Heating Units
Appliances
Electric Range, Electric Water Heater, Multiple Water Heaters, Vented Exhaust Fan, Range
Cooling
Central Air, Electric, 3+ Units
Total Number of Units
4
Exterior Features
Style
Traditional
Has Garage
No
Stories
2
Garage Spaces
0
Construction/Exterior
Frame, Wood Siding
Fencing
Chain Link, Partial
Exterior
Rain Gutters
Lot Size in Acres
0.206
Foundation
Slab
Water Body
None
Possession
Closing & Funding, Closing
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
No
Parking Description
Detached Carport
View
None
School
School District
Victoria ISD
Additional Information
Roof/Attic
Composition, Shingle
Year Built
1952
Other Utilities
Electricity Available
Status
Active
Property Type
RI
Documents Available
Disclosure(s), Seller's Property Disclosure
Property SubType
Quadruplex
Square Feet Source
Appraiser
Property SubType 2
Residential
Similar Listings
Mortgage Calculator
$1,492
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,152
Monthly Tax
$266
Monthly Insurance
$74
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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