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About This Home
This 5-bedroom, 3-bathroom multi-family at 115 Cole Street in Corpus Christi, TX is listed for $425,000 ($146 per sqft). Built in 1956, the home offers 2,904 sqft of living space on a 0.27 acres lot.
Prime location on Ocean Drive! This well-maintained, income-producing 3 unit property sits on an oversized 11,000+ sq. ft. lot and offers an excellent opportunity for investors or owner-occupants. The property features a front duplex with two 2-bedroom, 1-bath units and a separate rear 1-bedroom, 1-bath unit.
The two 2-bedroom units each generate $1,400 per month in rental income, while the 1-bedroom unit rents for $1,000 per month, producing a total gross monthly income of $3,800. All three units are currently tenant-occupied and individually metered. Features include central AC, hardwood and vinyl flooring, spacious bedrooms, private entrances for each unit, ample parking, and a deck for outdoor enjoyment.
The rear building also includes a small garage currently used for storage, along with two additional storage units, adding extra functionality and value. Live in one unit and rent the others, or continue operating this turnkey income-producing property.
Key Features
- Built in 1956
- 0.27 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
115 Cole Street
Corpus Christi, TX 78404
Evans W L
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom multi-family at 115 Cole Street is listed at $425,000 ($146/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.27 acre lot, 2 stories. Exterior Features: Storage.
This property is listed by Cigdem Zambrano and can be reached at 3616331064 or cigdem@coastalconnectiongroup.com.
