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103 W Morningside Dr. , 1,2,3,4

South Padre Island, TX 78597
  • $1,299,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 96674
Price Reduced
UPDATED: 32 min ago
$1,299,000
  • 8
    BEDS
  • 0.0346
    ACRES
  • 8
    BATHS
  • 4
    1/2 BATHS
  • 3,740
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2006
County:

School Ratings & Info

Description

GREAT INVESTMENT OPPORTUNITY! 4 Turn key short term rentals just Steps away from the Laguna Madre Bay and a short walk to the sunny beaches of South Padre Island! All units feature 2 bedrooms, rare 2.5 baths.100% rental ready, no updates needed! Condos feature open concept, spacious living area, all tile floors, tray ceilings & crown molding. Kitchens feature granite counters, stainless appliances & open to the living & dining areas. Bedrooms are VERY spacious and both with full baths! Top units have a balcony, bottom units have covered patios. Sparkling swimming pool with new pool deck surfacing in 2020. Great 1031 exchange property with $95k yearly gross cash flow. All units are fully furnished. New roof & exterior paint 2021.No HOA

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© 2022 South Padre Island Board of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Encore Fine Properties. Data last updated: 2022-12-01T21:30:00.687.
www.encorefineproperties.com/homes/133677779
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103 W Morningside Dr. , 1,2,3,4 South Padre Island, TX 78597

  • Price: $1,299,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 32 min ago
  • MLS #: 96674
8
Beds
8
Baths
4
½ Baths
0.0346
Acres
3,740
SQFT
$347
$/SQFT
2006
Built
Neighborhood:
Other
County:
Cameron
Area:
South Padre Island
School District:
Port Isabel Independent School District
Property Description
GREAT INVESTMENT OPPORTUNITY! 4 Turn key short term rentals just Steps away from the Laguna Madre Bay and a short walk to the sunny beaches of South Padre Island! All units feature 2 bedrooms, rare 2.5 baths.100% rental ready, no updates needed! Condos feature open concept, spacious living area, all tile floors, tray ceilings & crown molding. Kitchens feature granite counters, stainless appliances & open to the living & dining areas. Bedrooms are VERY spacious and both with full baths! Top units have a balcony, bottom units have covered patios. Sparkling swimming pool with new pool deck surfacing in 2020. Great 1031 exchange property with $95k yearly gross cash flow. All units are fully furnished. New roof & exterior paint 2021.No HOA
Exterior Features

Acreage Range Less Than 1 Acre Car Covering Assigned Parking Construction Stucco Exterior Features Patio - CoveredBalconyFence - PrivacyPrivate YardPatioPool-HeatedSatellite Dish Location Description Other-See RemarksBay Interior Roof Composition

Interior Features

Appliances Oven-SingleMicrowaveRefrigeratorStove Cooling Heating Central Electric Flooring Tile Interior Features Washer/Dryer Hook-UpFurnishedCeiling Fan(S)Smoke DetectorWalk-In Closet Stories Two

Property Features

Amenities None Block Number N/A Foundation Slab Listing Conditions Not Applicable Lot Number N/A Miscellaneous Driveway-Concrete Proposed Financing Bank LoanCashConventional Source Sq Ft Ccad Tax Year 2022 Taxes 10588.90 Type Multi-Family Zoning Multi

Listing courtesy of Lisa Capistran of Keller Williams Realty Lower Rio Grande Valley: 9564238877.


© 2022 South Padre Island Board of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Encore Fine Properties. Data last updated: 2022-12-01T21:30:00.687.
 
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Encore Fine Properties
817 N. Ware Road
McAllen TX, 78501