510 S Musina Unit A-E, Port Isabel, TX 78578

$495,000
4
BD
7
BA
2,645
SqFt

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List Price
$495,000
Price Change
▼ $3,000 1787193173
MLS#
104242
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Year Built
1968
Bedrooms
4
Full Baths
6
Half Baths
1
Acres
0.28
Living Area
2,645
County
Cameron
Area
Port Isabel
City
Port Isabel
Subdivision
Original Townsite Port Isabel

Property Description

An exceptional investment opportunity awaits with this fully occupied 5-plex, perfectly positioned in the heart of Port Isabel on two prominent corner lots. Boasting a prime location directly across from the city park and just a 5-minute drive over the causeway to the sandy beaches of South Padre Island, this property offers both convenience and long-term value in one of the area's most desirable markets. The main residence features 3 spacious bedrooms, 2.5 baths, and a 2-car garage, blending comfort and function for tenants seeking a larger home environment. Complementing the main home are three studio efficiencies, each with its own private bath, along with a well-appointed 1-bedroom, 1-bath apartment. Together, these five units create a diverse mix of rental options that appeal to a wide range of tenants. Currently producing $4,777 per month in rental income, this property represents a stable, income-generating asset with immediate returns. Prime location & strong rental history!

Additional Information

School District
Point Isabel ISD

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Listing courtesy of SPI Beachfront Realty.