2129 16TH STREET, CORPUS CHRISTI, TX 78404
Homes for sale in Corpus Christi.
Homes for sale in 78404.
2129 16th Street
Corpus Christi, TX 78404
List Price$382,500
Listing #458682
About This Property
Value-Add 4-Plex -- Prime Location Near Del Mar College. This well-positioned 4-plex in Corpus Christi is the best blend of current income and future upside. Just a 10-minute walk to Del Mar College, the property features the nicest interiors on the block--modern, clean, and move-in ready. It's perfect for students, working professionals, or value-focused renters. There's plenty of room to grow: a detached back structure offers possible conversion to a 1-bedroom or studio (buyer to verify), while the oversized lot provides space for an ADU or additional rental unit. Add exterior cosmetic upgrades, install a coin-operated laundry room, and implement RUBS (Ratio Utility Billing System) to quickly increase cash flow. Rent Roll: $4000/mo. Ideal for FHA buyers looking to house hack with just 3.5% down--or investors looking for DSCR loan or 1031 exchange opportunities. With its strong rent potential, desirable location, and multiple income streams, this property won't last long. Part of a larger off-market portfolio. Contact us to learn more about this opportunity and others in Corpus Christi and San Antonio.
Property Features
Location Information
County
Nueces
Subdivision
P A Cliffs
Interior Features
Interior
Other
Laundry
Washer Hookup, Dryer Hookup
Heating
Central, Electric
Appliances
Electric Oven, Electric Range, Refrigerator
Cooling
Central Air
Total Number of Units
4
Floors
Laminate, Vinyl
Exterior Features
Stories
2
Parking Description
Rear/Side/Off Street
Foundation
Pillar/Post/Pier
Lot Size in Acres
0.22
Water / Sewer
Public Sewer
Lot Size in Sq. Ft.
9,383
Water
Public
Has Waterfront
No
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
Sewer Available, Water Available
Year Built
1961
Property Type
RI
Status
Active
Property SubType
Quadruplex
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$1,785
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,378
Monthly Tax
$318
Monthly Insurance
$89
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