Discover a rare investment opportunity with this fully tenant-occupied 5-plex rental property, with rental roll available, ideally located on a generous corner lot comprised of two 50-foot parcels—offering ample space and potential for future expansion. Nestled in the heart of Port Isabel, just half a mile from the Causeway and Lighthouse Square, and directly across from scenic Washington Park, this prime location enhances both lifestyle and value.
The property features a spacious main house with 3 bedrooms, 2.5 bathrooms, and a two-car garage, along with three studio efficiencies and a separate 1-bedroom, 1-bath unit. Currently generating a strong monthly rental income of $4,607 and backed by a solid rental history, this property presents a compelling income-producing asset with long-term upside.
Whether you're seeking steady cash flow, room to grow, or an ideal location, this property checks every box. Owner financing is available, adding flexibility to your investment strategy. Showings require 48 hours' notice—schedule your private tour today and explore the possibilities firsthand!
For sale by owner
$497,500
510 S Musina St, Port Isabel, TX 78578
7beds
2,645sqft
Est.:
MultiFamily
Built in 1868
-- sqft lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
Two-car garageSpacious main houseFuture expansionCorner lotGenerous corner lotStudio efficiencies
- 122 days
- on Zillow |
- 136 |
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