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Port Lavaca,TX 77979
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,886 sqft
Price per Sqft $90
Subdivision Brookhollow 1 Port Lavaca
MLS Listing ID 560905
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 1964
Lot Size 8,285 Sqft
Acres 0.1902
Property Description
Seize this prime investment opportunity with a fully individual-metered fourplex in Port Lavaca, Texas, currently generating $2,600/month in rental income, with potential to increase to $3,600/month! This property features four spacious 2-bedroom, 1-bath units. Three of the units are currently occupied, with two on one-year leases at $900/month each, and one unit on a month-to-month basis at $800. The remaining unit is vacant and offers immediate income potential with updated market rent.
Each unit is equipped with window AC units, ensuring comfortable living for tenants and cost-effective maintenance for owners. The property also provides off-street parking at the rear, a convenient perk for tenants. Positioned in a stable rental market, this property has strong income growth potential while maintaining a reasonable operating cost.
Whether you’re a seasoned investor or just starting out, this fourplex offers great cash flow, with a high occupancy history and easy management. Capitalize on this turnkey investment and watch your portfolio grow in the heart of Port Lavaca. Don’t miss out on the chance to own this lucrative rental property!
Location
State TX
County Calhoun
Rooms
Ensuite Laundry None
Interior
Interior Features Solid Surface Counters
Laundry Location None
Heating Window Unit
Cooling Wall/Window Unit(s)
Flooring Vinyl,Carpet Free
Fireplaces Type None
Fireplace No
Appliance Range Hood
Laundry None
Exterior
Fence None
Pool None
Utilities Available Separate Meters
Waterfront No
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Building
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Resale
Schools
School District Calhoun County Isd
Others
Tax ID 71677
Acceptable Financing Cash,FHA,VA Loan
Listing Terms Cash,FHA,VA Loan