Marci PeckREALTOR® · Corpus Christi Realty Group
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Portland, TX 78374

1610, 1612, 1614 Cimmarron St

$1,049,700

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Property Overview

About 1610, 1612, 1614 Cimmarron St

MULTI-FAMILY INVESTMENT PACKAGE | PORTLAND, TX | Six doors. Three duplexes. This Portland multi-family package delivers the scale investors look for without the complexity of a large complex. The offering includes three neighboring brick duplexes, six units total, with five currently tenant occupied and one vacant unit ready for a new lease at today's rents or for an owner-occupant who wants to live on site. Each duplex pairs a 3 bed, 2 bath unit (1,000+/- sq ft each) with a 2 bed, 1 bath unit (800+/- sq ft each), a balanced mix that appeals to two distinct tenant pools. Combined, the property offers 15 bedrooms, 9 baths and approx. 5,462 sq ft of living space on just over 0.7 acres (dimensions 264' x 116', 30,624 sq ft per county appraisal district). Built in 1973 with slab foundations and brick exteriors, all three duplexes received new roofs in 2017-2018, with windstorm certificates on file. The majority of units have been updated with granite countertops and tile/vinyl flooring, and every unit has washer and dryer connections, its own patio, and a two-vehicle carport with a designated storage closet, the kind of features renters notice. Each unit is separately metered with tenants paying all utilities, keeping owner expenses lean, and each duplex sits on its own tax parcel. Located in San Patricio County within Gregory-Portland ISD, just across the bay from Corpus Christi, the property offers easy access to the Coastal Bend's employers, shopping and coastline. Whether you're growing a rental portfolio, completing a 1031 exchange or buying your first income property, this is a chance to add six doors in one transaction. Please do not disturb tenants; showings by appointment only.

Property Highlights

Status
Active
Price
$1,049,700
Property Type
Duplex
Bedrooms
15
Bathrooms
9
Living Area
5,462 Sq Ft
Lot Size
0.7 Acres
Year Built
1973
Subdivision
Portland-Century Terrace #3
School District
Gregory Portland ISD
MLS / Listing ID
484634

Listing attribution: Courtesy of Spears & Co Real Estate · Phillip Rios.

Marci Peck

Marci Peck

REALTOR® · TREC #0723266

Corpus Christi Realty Group

Before you make an offer

San Patricio County is a coastal windstorm county, so ask for windstorm certificates (WPI-8 or WPI-8-C) on the roof, window replacements and any structural additions. Many bluff neighborhoods sit in Flood Zone X while low-lying lots near Sunset Lake, Nueces Bay or drainage channels can fall into Flood Zone AE, so check the flood map and elevation records. Because Portland's black clay soil expands and contracts with moisture changes, ask about the foundation's history and review lot drainage.

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

Much of Portland sits on a natural coastal bluff elevated well above Corpus Christi Bay, while the Causeway trail along Sunset Lake sits right at water level for kayaking, fishing and birdwatching.

1610, 1612, 1614 Cimmarron St, Portland, TX ($1,049,700) | Marci Peck, REALTOR®