Investors, take note! This 9-unit multifamily property is a cash cow, delivering excellent cash flow and strong rental demand. Located just minutes from downtown Corpus Christi, this complex offers a prime location with close proximity to shopping, dining, and entertainment. Of the 9 apartments, several have been recently updated, attracting quality tenants and increasing the property's overall value. 7 out of 9 units are currently leased, providing a steady income stream. At the current rental rates, the property generates $6,095 per month in gross rent, with room to increase profits by making additional cosmetic renovations to further boost the rental potential. The property is currently professionally managed, providing a hassle-free investment. Whether you're looking to expand your portfolio or get started with a strong-performing asset, this property offers high returns and growth potential in a thriving market. Don't miss out on this opportunity to acquire this cash cow!
Property Details
Property Features
Property Information:
Year Built: 1955
Stories: 2
Living Area: 2,679 SqFt
Listing Office:
Office Name: NB Elite Realty
Office Phone: (844) 444-6237
Listing Agent: Tyler Fox
Interior Features
Interior Information:
Appliances: Range, Gas Oven, Gas Range, Refrigerator
Last updated on: 12/22/2024, 8:16:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,234
$123,690
2020
$3,233
$123,690
2019
$3,273
$122,371
2018
$3,273
$123,800
2017
$1,768
$120,116
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Evans Ses
1315 Comanche St
Distance between this listing and this school0.35 miles
Public District Grades PK-5
6
/10
T. G. Allen Elementary School
1414 18th St
Distance between this listing and this school0.86 miles
Public District Grades PK-5
5
/10
Wynn Seale Metropolitan School of Design
1707 Ayers St
Distance between this listing and this school1.20 miles
Public District Grades KG-6
Nearby Schools
4
/10
Corpus Christi Montessori School
822 Ayers St
Distance between this listing and this school1.03 miles
Public Charter Grades 1-8
5
/10
Promesa College Preparatory West Corpus Christi
3102 Baldwin Blvd
Distance between this listing and this school1.34 miles
Public Charter Grades PK-8
2
/10
Robert Driscoll Middle School
3501 Kenwood Dr
Distance between this listing and this school1.53 miles
Public District Grades 6-8
Nearby Schools
1
/10
Coles High School and Educational Center
924 Winnebago St
Distance between this listing and this school0.91 miles
Public District Grades 8-12
4
/10
Roy Miller High School
1 Battlin Buc Blvd
Distance between this listing and this school1.05 miles
Public District Grades 9-12
8
/10
Collegiate High School
101 Baldwin Blvd Rm 203
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $22,852. Typical income of Corpus Christi, TX residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1419 Laredo St
What is the listing price of this property?
The listing price of 1419 Laredo St property is $349,000.
What type of property is this?
The property 1419 Laredo St is a condo located in Corpus Christi, Texas, 78401.
Is this property for sale now?
Active Listing: 1419 Laredo St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,234 (source: MLS/based on county public records data).
What is the square footage of this property?
The property 1419 Laredo St is 2,679 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1419 Laredo St is 1955.
This home is located at 1419 Laredo St in Corpus Christi, TX and zip code 78401 in the Central City neighborhood. This 2,679 square foot home, which was built in 1955, sits on a 0.25 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $349,000.
In November 2024 in Corpus Christi, TX there were 21.7% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $299,999, while the average time on the real estate market was 114 days.
From Rocket Homes Real Estate and based on county public records data.