406 Holiday Lane
Port Lavaca, TX 77979
2886 sqft | 0.19 acres | #560905
Description
Seize this prime investment opportunity with a fully individual-metered fourplex in Port Lavaca, Texas, currently generating $2,600/month in rental income, with potential to increase to $3,600/month! This property features four spacious 2-bedroom, 1-bath units. Three of the units are currently occupied, with two on one-year leases at $900/month each, and one unit on a month-to-month basis at $800. The remaining unit is vacant and offers immediate income potential with updated market rent.
Each unit is equipped with window AC units, ensuring comfortable living for tenants and cost-effective maintenance for owners. The property also provides off-street parking at the rear, a convenient perk for tenants. Positioned in a stable rental market, this property has strong income growth potential while maintaining a reasonable operating cost.
Whether you’re a seasoned investor or just starting out, this fourplex offers great cash flow, with a high occupancy history and easy management. Capitalize on this turnkey investment and watch your portfolio grow in the heart of Port Lavaca. Don’t miss out on the chance to own this lucrative rental property!
Property Details
Location
Legal
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Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: Chris Montalvo (#V528565)
Listing Office: Mirabal Montalvo & Associates (#V799)
