Description
406 Holiday Lane,
Port Lavaca,
TX
77979
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 youre 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. Dont miss out on the chance to own this lucrative rental property!
This is an Active listing.
Broker Office Phone Number: 361-249-4982
Copyright © 2024Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Vinyl Flooring
- Wall or Window Air Conditioner(s)
- Composition Shingle Roof
Listing By: Mirabal Montalvo & Associates via Data Source: Central Texas Multiple Listing Service
Price History
date | price | variance | type |
---|
10/25/2024 | $259,900 | - | Listed |
listing agent: Chris Montalvo