For Sale

$1,250,000

HIGHLIGHTS:
  • Active
  • $18,297/month
  • 121 DOM
  • 1 Stories
  • 0 Beds
  • 6,360 SqFT
Description

Centrally located INCOME PRODUCING 8 unit asset. Excellent opportunity for investors seeking CASH FLOW. The FULLY GATED (5 gates) property on nearly half an acre includes 4 units with long term leases in place and 4 short term (airbnb) rentals. Furniture, appliances and accessories shown in units A-D photos will convey with sale. New owner can easily continue with short term rentals or offer CORPORATE HOUSING. Property provides investors with a great opportunity to acquire a STABILIZED ASSET with immediate upside potential. 2 vacant lots also included with sale. One vacant lot has direct access to Griggs Rd. Great opportunity to build additional multi family homes. Easy access to IH-45 and I-610 to Houston’s central business districts and the broader metro area. Rent roll and list of upgrades in documents. Schedule your showing today!

Overview
  • MLS Number: 65532716
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 6,360 SqF
  • Land Size: 21,490 sqft
  • Year Built: 1950
Financial
Price:
$1,250,000
Price/SqFT:
$196.54
HOA Fee:
Tax Rate:
2.12522 %
Est. Monthly:
$18,297 *
Tax Amount:
$26,565
Amenities and features
  • Controlled Subdivision
  • Corner Lot
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile,Vinyl Plank
    Heating:
    Central Electric
    Cooling:
    Central Electric
    Disposal:
    Yes
    Microwave:
    Yes
    Dishwasher:
    No
    Energy Feature:
    Ceiling Fans,Digital Program Thermostat,Insulated/Low-E windows
  • Roof:
    Composition
    Exterior Type:
    Cement Board,Wood
    Lot Description:
    Corner
    Parking:
    Auto Garage Door Opener,Carport Parking,Driveway Gate,Paved Area
    Parking Unit:
    Two
    Access:
    Driveway Gate

Listed By:
Iliana Sanchez

NuWay Realty Group LLC

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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