| Beds 15 | Baths 9 | 5,462 Sqft | 0.70 Acres |
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Property Description
MULTI-FAMILY INVESTMENT PACKAGE | PORTLAND, TX | Six doors. Three duplexes. This Portland multi-family package delivers the scale investors look for without the complexity of a large complex. The offering includes three neighboring brick duplexes, six units total, with five currently tenant occupied and one vacant unit ready for a new lease at today's rents or for an owner-occupant who wants to live on site. Each duplex pairs a 3 bed, 2 bath unit (1,000+/- sq ft each) with a 2 bed, 1 bath unit (800+/- sq ft each), a balanced mix that appeals to two distinct tenant pools. Combined, the property offers 15 bedrooms, 9 baths and approx. 5,462 sq ft of living space on just over 0.7 acres (dimensions 264' x 116', 30,624 sq ft per county appraisal district). Built in 1973 with slab foundations and brick exteriors, all three duplexes received new roofs in 2017-2018, with windstorm certificates on file. The majority of units have been updated with granite countertops and tile/vinyl flooring, and every unit has washer and dryer connections, its own patio, and a two-vehicle carport with a designated storage closet, the kind of features renters notice. Each unit is separately metered with tenants paying all utilities, keeping owner expenses lean, and each duplex sits on its own tax parcel. Located in San Patricio County within Gregory-Portland ISD, just across the bay from Corpus Christi, the property offers easy access to the Coastal Bend's employers, shopping and coastline. Whether you're growing a rental portfolio, completing a 1031 exchange or buying your first income property, this is a chance to add six doors in one transaction. Please do not disturb tenants; showings by appointment only.
General Information
Sale Price: $1,049,700
Price/SqFt: $192
Status: Active
MLS#: 484634
Post Office: portland
Acres: 0.7
Lot Dimensions: 264’ x 116’
Bedrooms:15
Bathrooms:9 (9 full, 0 half)
House Size: 5,462 sq.ft.
Acreage: 0.7 est.
Year Built: 1973
Property Type: Duplex
Style: -
Features & Room Sizes
Paved Road: -
Garage: -
Construction: Brick HardiPlank Type Wood Siding
Exterior Misc: -
Pool: Yes
Pool Description: None
Basement: -
Appliances: Electric Oven Electric Range Refrigerator
Cooling: Central Air
Heating: Central Electric
Waste: Public Sewer
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: -
Tax, Fees & Legal
Legal Description: CENTURY TERRACE UNIT 3 BLK 1 LOTS 1-3 (DUPLEX APTS.)
HOA fees:
Information provided by South Texas MLS Listing information provided courtesy of the Corpus Christi Association of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Listing By: Phillip Rios of Spears & Co Real Estate, Phone: (361) 790-7653
