For Sale

$740,000

HIGHLIGHTS:
  • Active
  • $9,983/month
  • 322 DOM
  • 1 Stories
  • 0 Beds
  • 6,300 SqFT
Description

Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer. Individual Utilities: Each unit is individually metered for electricity and water. Ample Land: Enough space to build 3 additional units, expanding income potential further.

Overview
  • MLS Number: 84351666
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 6,300 SqF
  • Land Size:
  • Year Built: 1948
Financial
Price:
$740,000
Price/SqFT:
$117.46
HOA Fee:
Tax Rate:
2.09236 %
Est. Monthly:
$9,983 *
Tax Amount:
$15,483
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Disposal:
    Yes
    Microwave:
    Yes
  • Roof:
    Composition

Listed By:
Vijaianand Thirunageswaram

Om Realty Group

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