Corpus Christi, TX 78404
1321 Alameda St S
$399,000
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Property Overview
About 1321 Alameda St S
7-Unit Income Property Two buildings offering seven rental units near downtown Corpus Christi. Six units are currently leased, one typically re-leased within two weeks when vacant. All utilities are included in rent (owner pays electric, water, sewer, and trash). Extensive updates throughout both buildings including new drywall, paint, flooring, appliances, updated bathrooms, electrical panels, water heater and sewer line, fencing, and resurfaced driveway. Consistent occupancy, steady cash flow, and a convenient Alameda location near hospitals and retail make this a standout investment opportunity.
Property Highlights
- Status
- Active
- Price
- $399,000
- Property Type
- Apartment
- Bathrooms
- 0
- Living Area
- 2,573 Sq Ft
- Lot Size
- 0.17 Acres
- Year Built
- 1955
- Subdivision
- Hughes
- MLS / Listing ID
- 466884
Listing attribution: Courtesy of Hallmark Realty CC · AMBER CALLAWAY.
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Marci Peck
REALTOR® · TREC #0723266
Corpus Christi Realty Group
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Before you make an offer
Ask about foundation movement, since much of the city sits on expansive clay. On homes built before about 1975, ask whether the cast-iron sewer lines have been scoped. Check the flood zone and whether an elevation certificate exists. Ask for windstorm certificates on the roof, windows and any additions. On canal and bayfront homes, have the dock, boat lift and shoreline structures inspected. In newer areas such as the far Southside and London, ask which taxing districts and utilities serve the lot.
Windstorm insurance and flood zones vary by property; Marci can point you to the right specialist. This isn't insurance or legal advice.
Good to know
Conditions change across the city. Inland neighborhoods sit on heavy clay that calls for foundation care; island and bayfront neighborhoods add salt air, marine structures and windstorm certification to the checklist.