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2929 Sunrise Avenue

Corpus Christi, TX 78405
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Sold
Sold
$215,001 - $250,000
Sold on January 20, 2022
2,276 Sqft.
11,996 Lot Sqft
Multi-Family - Multiple Detached Dw

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General Description

Brilliant Value-add opportunity for a savvy investor to add to their rental portfolio. This 7 unit apartment complex has individually metered electrical boxes for each unit. Landlord pays for water (and gas if they decide to keep gas after rehab). Each unit has the potential to rent for ~$550 after rehab. Rent could be higher if the investor chooses to bring section 8 tenants. The area is gentrifying quickly and is within walking distance to the local elementary school, restaurants, CVS pharmacy and within ~5 min drive of major groceries like HEB. Biking distance to Corpus Christi Bay.

MLS#
57665928
Sold Price Range
$215,001 - $250,000
Listing Status
Sold
Address
2929 Sunrise Avenue
City
Corpus Christi
State
TX
Zip Code
78405
County
Nueces County
Subdivision
Montrose Park
Legal Description
MONTROSE PARK BLK 6 LOT 8&9
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Year Built
1996 / Seller
Building Size
2,276 Sqft/Appraisal District
Lot Size
11,996 Sqft./Appraisal District
Key Map©
1

Exterior

Roof
Composition

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$1,978/2021
Tax Rate
2.592

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Interior

Cooling
Window Units
Heating
Window Unit

Lot Information

Lot Size
11,996 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Source

Houston Association of REALTORS
Source last updated May 14, 2024 at 07:17 AM
Listing last updated Jan 20, 2022 at 04:36 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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