4727 Greenwood Dr, Corpus Christi, TX 78416

$849,000 Asking Price

8,863  sqft
Built in 1985

INVESTOR SPECIAL!!! Fully rented income producing 8-plex. The building consists of four 2/1 and four 3/1.5 units. These units are large, have central A/C, washer and dryer connections. All tenants pay their own utilities as every unit is individual metered for water and electric. Owner has replaced most A/C units and appliances. Rents are currently under market value. The 2/1 units rent for $750 and the 3/1.5 rent for $980. There's significant upside potential for cash flow with almost no upgrades. Most units are occupied by long term tenants. Seller will consider Owner Financing with $200,000 down payment. Interest rate and term length are negotiable.

Features & Amenities

Interior

General:
None
Appliances:
Electric Cooktop
Laundry:
Washer Hookup,Dryer Hookup
Flooring:
Carpet,Tile
A/C:
true, Central Air
Heating:
true, Central,Electric

Exterior

Parking:
Concrete

Construction

Roofing:
Shingle
General:
2, Slab

Location

Originating MLS:
CCMLS
School District:
Corpus Christi ISD
County:
Nueces

Lot

Zoning:
HACIENDA ESTS BLK A LOT 3-A, 313401000033

Utilities

Utilities:
Sewer Available,Separate Meters,Water Available,Electricity Available, 220 Volts
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CCMLS, CCMLS
Buyers Agent Compensation:
2.5

This listing courtesy of:
Coldwell Banker Pacesetter Ste

About Corpus Christi, TX

Housing

Number of Units
136,047
Median Home Value
$171,179
Median Rent
$908

43.61% of housing units are renter occupied.

10.36% are vacant.

Commute

Car
83.69%
Public Transportation
1.26%
Walk to Work
1.11%
Work from Home
12.95%
Other
0.67%

The median travel time to work is 19 minutes.

People

Population
321,965
Median Age
36.90
Median Household Size
2.82

Education

High School
29.54%
Associate’s Degree
9.22%
Bachelor’s Degree
15.03%
Graduate Degree
8.15%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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