5 Beds
5 Baths
3,037 SqFt
5 Beds
5 Baths
3,037 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,037 sqft
Price per Sqft $93
Subdivision Flour Bluff Center
MLS Listing ID 481239
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,944
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Multi Family
Property Description
Rare opportunity to own a fully rented 5-unit income property offering immediate cash flow and long-term upside. The building features three larger 1-bedroom, 1-bath units alongside two smaller efficiency units —
Current rents for two units is $850; $800 for two units; and one unit is $900/month.
The real upside is the massive 21,000 SF lot. Envision fencing the property for privacy and security, carving out a shared common area for tenants, and adding parking to boost both convenience and rental value. With its scale and layout, this property is also perfectly suited to become a private multi-generational or extended-family living compound — five separate living spaces on one secured lot.
Whether you're an investor seeking a stabilized asset with forced-appreciation potential, or a family looking to consolidate under one roof while maintaining independence, this property delivers flexibility, income, and room to grow.
Don't miss this fully occupied, high-potential opportunity — schedule your showing today.
(Some pictures are edited with AI and virtually staged)
Location
State TX
County Nueces
Interior
Interior Features Primary Downstairs
Heating Window Unit
Cooling Window Unit(s)
Flooring Vinyl
Fireplace No
Appliance Electric Oven, Electric Range, Free-Standing Range, Gas Oven, Gas Range
Laundry None
Exterior
Exterior Feature Other
Parking Features Front Entry, Rear/Side/Off Street, RV Access/Parking
Utilities Available Sewer Available, Water Available
Amenities Available None
Roof Type Tar/Gravel
Building
Lot Description Interior Lot
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building None
New Construction No
Schools
Elementary Schools Flour Bluff
Middle Schools Flour Bluff
High Schools Flour Bluff
School District Flour Bluff Isd
Others
Tax ID 248100060280
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/cor/481239
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Agent License ID: 810285