615-619 S TANCAHUA STREET, CORPUS CHRISTI, TX 78401

Homes for sale in Corpus Christi.

Homes for sale in 78401.


Active

List Price$975,000

615-619 S Tancahua Street

Corpus Christi, TX 78401

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Listing #481447

14,388

Square Feet

House

Type

About This Property

24-Unit Multifamily Investment Opportunity Near Downtown Corpus Christi & the Bay Opportunities like this don't come to market every day. This 24-unit apartment complex offers investors the chance to acquire a well-positioned multifamily asset just minutes from Corpus Christi Bay and downtown Corpus Christi. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, creating flexibility to serve a broad tenant base. Additional value comes from on-site storage and 14 covered parking spaces. There is also an opportunity to further increase income and operational efficiency. One unit could be utilized for on-site management, converted into a dedicated laundry facility to generate additional revenue, or leased as an additional studio apartment. The property has already benefited from numerous capital improvements, including exterior paint, new roofs, updated electrical panels, and plumbing repairs--helping position the asset for its next phase of ownership. For seasoned investors, this is an opportunity to add a 24-unit multifamily property in a desirable Corpus Christi location with existing improvements, multiple income-enhancement possibilities, and potential for continued value creation. Add this established multifamily asset to your portfolio and capitalize on the opportunity to maximize its income-producing potential.

Property Features

Location Information

County

Nueces

Subdivision

South End

Interior Features

Interior

Other, Window Treatments

Laundry

Other

Heating

Gas, Window Unit

Appliances

Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Range Hood

Cooling

Central Air, Window Unit(s)

Total Number of Units

0

Floors

Carpet, Hardwood, Laminate

Exterior Features

Stories

2

Parking Description

Asphalt, Concrete, Carport, Gravel, Rear/Side/Off Street

Foundation

Pillar/Post/Pier, Slab

Lot Size in Acres

1.28

Possession

Close Of Escrow

Lot Size in Sq. Ft.

55,966

Water / Sewer

Public Sewer

Has Waterfront

No

Water

Public

School

Elementary School District

Corpus Christi ISD

Middle School

Driscoll

Elementary School

Allen

High School

Miller

Additional Information

Roof/Attic

Flat, Shingle

Property SubType 2

Residential

Other Utilities

Natural Gas Available, Phone Available, Sewer Available, Water Available

Year Built

1925

Property Type

SFR

Status

Active

Property SubType

Apartment

Square Feet Source

Appraiser

Similar Listings

Mortgage Calculator

$4,552

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,513

Monthly Tax

$812

Monthly Insurance

$227

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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