About 419 Gulfspray Avenue
10%+ CAP RATE! Great INVESTOR opportunity, FURNISHED Triplex on North Beach in Corpus, just 2 blocks from the Beach and 2-minutes' drive from the Texas State Aquarium, USS Lexington, and restaurants. It's just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The North Beach Canal Project will be near if current plans hold. Either way, rent potentials easily surpass the 1% rule. NEW Roof 2022. The upstairs unit is a ~1060 SF updated 2/2 featuring Central Air, laminate and vinyl floors for easy sand cleanup, granite countertops, a wood-burning fireplace, and walkway-decks on all sides. The downstairs has 2x updated 1/1 units with hard flooring, tiled walk-in showers, and window units. These have been rented out on a week-to-week basis for mainly project workers, but higher rates of income are possible for weekly or vacation-rental setup, especially during busy times of year. Could be a vacation beach home with rentals as well.
Features of 419 Gulfspray Avenue
| MLS® # | 419633 |
|---|---|
| Price | $450,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 1,060 |
| Acres | 0.11 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 419 Gulfspray Avenue |
|---|---|
| Subdivision | Brooklyn |
| City | Corpus Christi |
| County | Nueces |
| State | TX |
| Zip Code | 78402 |
Amenities
| Utilities | Sewer Available, Underground Utilities, Water Available |
|---|---|
| Parking | Concrete, Converted Garage, Front Entry, Rear/Side/Off Street |
| View | Beach, Water |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Vinyl |
|---|---|
| Appliances | Electric Cooktop, Electric Oven, Electric Range, Range Hood, Refrigerator |
| Heating | Central, Electric, Window Unit |
| Cooling | Central Air, Electric, Window Unit(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Deck |
|---|---|
| Lot Description | ~50x95 |
| Windows | Window Coverings |
| Roof | Shingle |
| Construction | Frame, Shingle Siding, Wood Siding |
| Foundation | Slab |
School Information
| District | Corpus Christi ISD |
|---|---|
| Elementary | Evans |
| Middle | Wynn Seale |
| High | Ray |
Additional Information
| Date Listed | May 19th, 2023 |
|---|---|
| Days on Market | 163 |
Listing Details
| Agent | Brenton Reagan |
|---|---|
| Office | Cass Real Estate |