$399,000

254 Rosebud Avenue , Corpus Christi, TX 78404

 
Bedrooms:8 beds
Bathrooms:0 baths
Residential:4,696 sqft
Lot:0.24
Year Built:1942
Listing Status:Active

Listing Agent

Payton Dodson
We cannot obtain a map view for this location. Please See Google Maps for any possible street views and other mapping views.
We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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.

Detailed Items

Other Information

254 Rosebud Avenue, Corpus Christi, TX, 78404 is a residential listing of 4,696 sqft on a lot of 0.24. This residential listing has 8 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property254 Rosebud Avenue, Corpus Christi, TX
Copyright © 2025 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above