113-121 Avenue A W
Port Aransas, TX 78373

Description

AMAZING cash flow of over $95k/yr in this sweet collection of cottages in the heart of Old Town Port A! The Harbor Cottages features a total of SEVEN rental units in three separate buildings, with recent interior renovations & cute finish-out. Westernmost building houses 4 studio apartments each with a bath & either a full kitchen or cooking capabilities, plus a long common porch. Center building features a 3/1 apartment upstairs with huge covered porch & a separate 2/1 unit downstairs, plus a garage & storage area. Easternmost cottage is a freestanding studio unit with a bath & kitchen. Property grosses over $95k/yr (up to $7950/mo) in long-term rent & has existing stable tenants, but is zoned C-2 to allow short term rentals, business use, condo conversion, etc for even higher cash flow! Wood look laminate flooring & stainless appliances in many units. Located on ~1/3 acre of land w/room to add pool or additional improvements. Priced to SELL, this is a rare find! 2018 taxes $5275.

Details

MLS#342720
Sub-TypeResale
StatusActive
Year1970
Days On Site7

Features

SQ Feet3,894
Units7
Building(s)3

Market Activity 78373

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Area Information

StateTX
CountyNueces County
CityPort Aransas
Zip Code78373
AreaNueces County
Listing VS Median (in 78373)
Price:
$599,000
low | high
Med:
$369,450
88.322203672788% of Average
SqFt:
3,894
low | high
Med:
1,084
100% of Average
$ / SqFt:
$154
low | high
Med:
$361
84.433910142325% of Average
On Site:
7
low | high
Med:
150
4.666666666667% of Average
Listing Updated: 04/22/2019
MLS Number: 342720
Listing Provided By:
Tara Hogan  of  Mark Grosse Real Estate LLC