| Beds 10 | Baths 6 | 5,228 Sqft | 0.67 Acres |
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Property Description
Rare Waterfront Investment Opportunity – 5 Units with Exceptional Water Views | Seller Financing Available. This is a unique opportunity to acquire a 5-unit multifamily property consisting of 2 duplex homes and a single-story home, ideally positioned to capture expansive water views that are rarely available at this price point. Each unit benefits from a setting typically associated with high-end residential properties, enhancing both tenant demand and long-term value.
The property includes five 2-bedroom, 1-bath units with a consistent rental history and stable income performance. The efficient unit mix appeals to a broad tenant base, while the proximity to the water provides a meaningful competitive advantage in the market.
Financial highlights include excellent annual income, strong in-place cash flow, and additional revenue from on-site laundry. The property is not subject to HOA restrictions, offering operational flexibility for ownership.
This offering stands out due to the combination of multiple income-producing units and unobstructed water views, creating both immediate cash flow and long-term appreciation potential driven by location.
There is also opportunity for future upside through rent adjustments, operational efficiencies, and alternative rental strategies, subject to buyer verification.
Seller financing is available for qualified buyers, with terms structured to reflect current market conditions and buyer strength. The property is offered as a package, with potential flexibility to sell the triplex and duplex separately.
General Information
Sale Price: $825,000
Price/SqFt: $158
Status: Active
MLS#: 475301
Post Office: rockport
Acres: 0.67
Lot Dimensions: 200 x 145
Bedrooms:10
Bathrooms:6 (6 full, 0 half)
House Size: 5,228 sq.ft.
Acreage: 0.67 est.
Year Built: 1973
Property Type: Multi Family
Style: -
Features & Room Sizes
Paved Road: -
Garage: -
Construction: HardiPlank Type Shingle Siding Wood Siding
Exterior Misc: -
Pool: Yes
Pool Description: -
Basement: -
Appliances: Dishwasher Electric Cooktop Electric Oven Electric Range Free-Standing Range Multiple Water Heaters
Cooling: Central Air
Heating: Central Electric
Waste: -
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: -
Tax, Fees & Legal
Legal Description: S1375 Copano Village Addition Lot 24 25 26 and 27
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: Bridget Knower of Prime Real Estate, Phone: (361) 334-7653
