1503 E Virginia Avenue, Victoria, TX 77901

$308,400
3,530
SqFt

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List Price
$308,400
Status
ACTIVE
MLS#
625273
Days on Market
1
Living Area
3,530

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.

Additional Information

Year Built
1952
Exterior Features
Rain Gutters
Interior Features
Ceiling Fan(s), Tub Shower, Walk-In Closet(s)
Roof
Composition, Shingle
Appliances
Electric Range, Electric Water Heater, Multiple Water Heaters, Vented Exhaust Fan, Range
View
None
School District
Victoria ISD
Sewer
Public Sewer
Stories
2
Street Name
E Virginia Avenue
Street Number
1503
Neighborhood
Morningside
Water
Public
Acres
0.21
County
Victoria
Foundation
Slab
Heating
Central, Electric, Multiple Heating Units

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Brandi Jackson from Cornerstone Properties

Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.