1802 Morgan Avenue, Corpus Christi, TX 78404

$525,000
: 3,232
SqFt

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List Price: $525,000
MLS#: 469858
Status: ACTIVE
County: Nueces
City: Corpus Christi
Subdivision: Bay View #3
Living Area: 3,232
Acres: 0.17

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Property Description

Excellent value-add opportunity in a CG-2 (General Commercial) zoning district. This income-producing property is currently configured with five residential units plus a downstairs commercial/storage space, all fully leased and generating $3,800 per month in stable income. The CG-2 zoning allows for a wide range of commercial uses, offering strong upside potential through repositioning the residential units to commercial tenants and increasing rents over time. Investors can enjoy immediate cash flow while exploring redevelopment or re-tenanting strategies to maximize returns. Well-suited for a first-time investor or a buyer looking to add a flexible, mixed-use asset to their portfolio with both income stability and long-term growth potential.

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