INCOME PRODUCING | Three units, one corner lot, and rental income already in place. 1401 Maryland Drive offers investors a versatile multi-family opportunity in Corpus Christi's Belaire Park subdivision, set on a 0.23-acre (10,341 sq ft) corner lot with two of its three units currently leased. The property totals 2,380 sq ft per the Nueces County Appraisal District: 1,852 sq ft across Units 1 and 2 in the main structure, plus a 528 sq ft detached Unit 3. Altogether, that's 6 bedrooms and 5 baths across three separate apartments. Unit 1 (Vacant): 3 bed / 2 bath, approx. 1,100 sq ft, featuring central heat and air, a freshly painted interior, and a 1-car garage. Ready to lease, or ideal for an owner-occupant who wants to live in one unit and rent the others. Unit 2 (Leased): 2 bed / 2 bath, approx. 750 sq ft, with a newer mini-split system. This unit is ready for updates, offering value-add upside for a buyer prepared to make improvements. Unit 3 (Leased): Detached 1 bed / 1 bath, 528 sq ft, recently leased, with a freshly painted interior, new window units, and its own carport. Rents currently include all utilities, as the units are not separately metered. With two units producing income today, a vacant unit ready to lease or occupy, and room to add value in Unit 2, this property offers multiple paths for investors looking to start or grow a portfolio. Schedule your showing today. Information deemed reliable but not guaranteed. Buyer and buyer's agent to independently verify all information, including square footage, lot size, rents, and lease terms.
Listing courtesy of Spears & Co Real Estate.