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0 Beds
0 Baths
2,886 sq ft
MLS 560905
MLS 560905
Beds
Baths
Sq Ft
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!
On the market for 21 days
Multi-Family built in 1964
$90 per sq ft
No Pool
Summary of the property details
Sq. Ft:
2,886
Stories:
2
Style:
Quadruplex
Year Built:
1964
County:
Calhoun
Last updated Nov 12, 2024
Parking, utilities, etc for the listing
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Year Built:
1964
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RangeHood
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Elementary
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No upcoming open houses
Mirabal Montalvo & Associates
Homes similar to 406 Holiday Lane are listed between $37,000 and $795,000 at and average of $214 per square foot.