BEDS0
BATHS
SQUARE FEET3,530
MLS#620272
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMorningside
SCHOOLVictoria ISD
Property Description
Turnkey multi-family investment property at 1503 E. Virginia in Victoria, TX! This fourplex features four 1 bedroom, 1 bath units and is 75% occupied to provide immediate rental income. Current rent rates also provide room for potential increases, allowing investors to further grow and maximize the property's long term potential. The units offer spacious living areas, functional kitchens, ample natural light, and a mix of hardwood and durable flooring throughout. Some units also feature updated kitchens and bathrooms, along with in-unit washer and dryer connections. Outside, the property offers covered parking in the rear along with additional off-street parking for residents. Conveniently located near shopping, dining, schools, and major thoroughfares, this property is a solid addition to an investment portfolio with existing income and additional value add potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric,3+ Units
Heating: Central, Electric, Multiple Heating Units
Home Style: Traditional
Lot Size: 0.21 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Year Built: 1952
Amenities
Ceiling Fan(s)
Tub Shower
Walk-In Closet(s)
Rain Gutters
Feature Descriptions
Accessibility: None
Appliances: Electric Range, Electric Water Heater, Multiple Water Heaters, Vented Exhaust Fan, Range
Body of Water: None
Exterior: Frame, Wood Siding
Fencing: Chain Link, Partial
Fireplace: None
Flooring: Hardwood, Laminate, Tile
Laundry: Washer Hookup, Electric Dryer Hookup
Parcel#: 55336
Parking: Detached Carport
Parking Notes: Detached Carport
Security: Smoke Detector(s)
Sewer: Public Sewer
Units: 4
Utilities: Electricity Available
Water: Public
Local Schools
School District: Victoria ISD
Listed By / Shown By
Listed By
Agency Name: Cornerstone Properties
Agency Phone: 361-576-2353
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimate Your Payment
Estimated Payment
$ 805.26 per month $711.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $93.30 Homeowner's Insurance
1503 E Virginia Avenue | MLS# 620272
This multi-family property located at 1503 E Virginia Avenue , Victoria, TX 77901 is currently listed for sale with an asking price of $319,900. E Virginia Avenue is located within the Victoria ISD school district. Search Victoria real estate on www.rmcapitalcity.com today.