1517 OCEAN DRIVE, CORPUS CHRISTI, TX 78404
Homes for sale in Corpus Christi.
Homes for sale in 78404.
1517 Ocean Drive
Corpus Christi, TX 78404
List Price$750,000
Listing #472627
10
Bedrooms
7 full
Bathrooms
5,110
Square Feet
House
Type
About This Property
Ocean Drive Property right across from Cole Park with magnificent views of Corpus Christi Bay and downtown skyline. Walking distance to Spohn Hospital as well as numerous Drs' and a Attorneys offices for convienient commute. This 7-unit property features three 2BD/1BA and four 1BD/1BA units that are located in Downtown Corpus Christi close to Del Mar College and just a scenic rive down Ocean Drive to TAMU-CC as well as NAS Corpu Christi . Each unitAll equipped with appliances & convenient parking. Total rent from all units currently is $6500 / mo. These properties are easy to rent and invite long term tenants. This is and can be a perfect little property to begin your real estate portfolio and is a good opportunity for an enterprising investor. It is our belief with minimal upgrades these could bring $100 - $200 / unit with total income potantioal of $7500n- $8500 / mo. Current owner lives in Tokyo & has been unable to upgrade much considering distance. A local involved owner / operator could really make this place sing and the Ocean Drive adress may oneday prove to be the investment opportunty of a lifetime as property may become future location of expanding hospital or other other more optimum uses of this prime property. Bring all offers .
Property Features
Location Information
County
Nueces
Subdivision
Bay Front Terrace
Interior Features
Interior
None
Cooling
Ductless, Electric, Window Unit(s)
Full Baths
7
Floors
Hardwood, Vinyl
Has Fireplace
No
Laundry
Other
Number of Fireplaces
0
Appliances
Electric Oven, Electric Range, Free-Standing Range, Refrigerator, Range Hood
Heating
Ductless, Electric, Window Unit
Total Number of Units
0
Exterior Features
Stories
1
Fencing
Chain Link, Partial, Wood
Construction/Exterior
Asbestos, Frame
Lot Size in Acres
0.2
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
8,838
Possession
Close Of Escrow
Dimensions
51' x 174 '
Water / Sewer
Public Sewer
Buildings
2
Water
Public
Has Waterfront
No
Parking Description
Asphalt, Carport, Rear/Side/Off Street
Is One Story
Yes
School
Elementary School District
Corpus Christi ISD
Middle School
Baker
Elementary School
Menger
High School
Ray
Additional Information
Roof/Attic
Flat
Property SubType 2
Residential
Other Utilities
Natural Gas Available, Sewer Available, Separate Meters, Water Available
Year Built
1941
Property Type
SFR
Status
Active
Property SubType
Apartment
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$3,502
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,702
Monthly Tax
$625
Monthly Insurance
$175
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
Real Estate IDX Powered by iHomefinder