1503 E Virginia Avenue

Victoria, TX 77901

About this property

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.

About this property

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.

Features and Additional Information

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$313,900 Active
3,530 sqft

Presented By Coldwell Banker Commercial Gateway

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1-361-576-2353
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Area Information

| Victoria County | Morningside

$ 313,900
This listing is play_arrow 132.7% higher than the average in the area
$ 134,900 in the area
3,530 SqFt
This listing is play_arrow 150.7% larger than the average in the area
1,408 SqFt in the area
$ 89 $/SqFt
This listing is play_arrow 7.2% less than the average in the area
$ 96 $/SqFt in the area
9 days on site
This listing is play_arrow 96.1% below the average in the area
230 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Brandi Jackson
Brokerage: Cornerstone Properties

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