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1503 E Virginia Avenue, Victoria, TX 77901

$299,900
: 3,530
SqFt

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List Price: $299,900
Price Change: ▼ $1,500 1792449099
MLS#: 627044
Sq. Ft: 3,530
Acres: 0.21
Year Built: 1952

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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.

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Additional Information

Stories: 2
Interior Features: Ceiling Fan(s), Tub Shower, Walk-In Closet(s)
Exterior Features: Rain Gutters
Appliances: Electric Range, Electric Water Heater, Multiple Water Heaters, Vented Exhaust Fan, Range
Roof: Composition, Shingle
Foundation: Slab
Heating: Central, Electric, Multiple Heating Units
Cooling: Central Air, Electric, 3+ Units
Sewer: Public Sewer
School District: Victoria ISD