TX > Corpus Christi > Bessar Park
Corpus Christi, TX 78404,254 Rosebud AVE
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Corpus Christi, TX 78404,254 Rosebud AVE
Corpus Christi, TX 78404,254 Rosebud AVE
Corpus Christi, TX 78404,254 Rosebud AVE
Corpus Christi, TX 78404,254 Rosebud AVE
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Gabriel Lopez, REALTOR

Gabriel Lopez, REALTOR

+1(361) 371-9779
$ 415,000
Est. payment /mo
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Active

254 Rosebud AVE Corpus Christi, TX 78404

4,696 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,696 sqft

Price per Sqft $88

Subdivision Bessar Park

MLS Listing ID 453363

HOA Y/N No

Year Built 1942

Annual Tax Amount $12,212

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Quadruplex

Property Description

This recently renovated 4-plex in the heart of Corpus Christi is a prime investment opportunity. Located on the same block as the premium Ocean Drive block, with million-dollar homes just a few houses down, this property offers unmatched potential. Perfect for value-add strategies, it's ideal for all types of rental programs, medium-term or short-term rentals to increase rents. Each unit features generously sized rooms, washer/dryer hookups, and updated interiors, making it a desirable rental property with a 95% occupancy rate. With a current rent roll of $4500 and a pro forma of $4,700, this property delivers strong cash flow with room for growth. Additional value-add opportunities include an exterior paint upgrade and implementing a RUBS (Ratio Utility Billing System), further boosting your return. This property is perfect for FHA buyers, offering a 3.5% down payment option to live in one unit while renting out the others. For investors, 1031 exchange and DSCR loan options are also available. This is part of a larger portfolio with multifamily options ranging from duplexes to 10-plexes. Contact us for information on other available properties in Corpus Christi and San Antonio.

Location

State TX

County Nueces

Interior

Interior Features Other

Heating Window Unit, Central, Gas

Cooling Window Unit(s)

Flooring Hardwood, Tile

Fireplace No

Laundry Washer Hookup, Dryer Hookup

Exterior

Parking Features Carport, Rear/Side/Off Street

Utilities Available Natural Gas Available, Sewer Available, Water Available

Roof Type Shingle

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Foundation Pillar/Post/Pier, Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Menger

Middle Schools Baker

High Schools Ray

School District Corpus Christi Isd

Others

Tax ID 066600040150

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/cor/453363

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS
Listed by TruStar Real Estate • Payton Dodson
agent

Gabriel Lopez, REALTOR

Agent | License ID: 0732004

+1(361) 371-9779

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254 Rosebud AVE