406 Holiday Lane
Port Lavaca, TX 77979
2886 sqft | 0.19 acres | #560905
Description
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!
Interior Details
- InteriorSolidSurfaceCounters
Property Details
- Acres0.1902
- Square Feet2886
Construction Details
- StyleTraditional
- Property TypePurchase
Condition
- Year Built1964
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesSeparateMeters
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionBrookhollow 1 Port Lavaca
Location
- School DistrictCalhoun County ISD
- CountyCalhoun
Financial Details
- Original List Price$259,900
Other
- MLS #560905
Location
Legal
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Mariela Gutierrez-Carrera may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.
Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: Chris Montalvo (#V528565)
Listing Office: Mirabal Montalvo & Associates (#V799)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
