Corpus Christi, TX 78404
642 Robinson St
$439,900
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Property Overview
About 642 Robinson St
This renovated 4-plex has been worked on from the ground up. Currently 100% occupied, it is split into 1 unfurnished unit for long-term leases and 3 Fully-Furnished all-bills-paid units for mid-term leases (1-6 months or so). The furnishings and decor in the 3 furnished units convey. Since 2023 it's received foundation work (including new subfloors), Mini-split air systems for all units, vinyl plank flooring, interior and exterior paint, new appliances, furniture, decor, and more. Good rents and minimal expenses give this property a whopping CAP rate of 10.3%, and this could be higher if the 4th unit is converted some day to fully-furnished as well. All 4 units are 2 bedroom with 1 bathroom (2/1), set up with 2 units downstairs and 2 units upstairs. There is a central stairway indoors up front to access the upstairs units. In the rear, each unit also has a back door that leads into a common area where the laundry closet is. All tenants share the washer and dryer, and these appliances convey. Three stoves are gas, one is electric. Water and gas are on Master meters and fall under Landlord expenses; electric meters are individual for each unit and could be billed out separately. There are awnings for the Tenant parking area in the rear, but they're down currently due to winter winds.
Property Highlights
- Status
- Active
- Price
- $439,900
- Property Type
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,072 Sq Ft
- Lot Size
- 0.22 Acres
- Year Built
- 1948
- Subdivision
- Lindale Park #4
- School District
- Corpus Christi ISD
- MLS / Listing ID
- 481495
Listing attribution: Courtesy of Cass Real Estate · Brenton Reagan.
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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.