For Sale

$675,000

HIGHLIGHTS:
  • Active
  • $9,230/month
  • 34 DOM
  • 2 Stories
  • 0 Beds
  • 5,796 SqFT
Description

Investment Opportunity – Stabilized 8-Unit Multifamily Property Excellent opportunity to acquire a well-maintained 8-unit multifamily property in the rapidly developing South Houston/Sunnyside area. The property consists of eight 1-bedroom, 1-bathroom units. The final unit is currently in the process of being leased, with the tenant scheduled to move in by the end of the month, bringing the property to 100% occupancy. Property Highlights: • 8 total units • All units are 1 bedroom, 1 bathroom • Stabilized asset with strong occupancy • Convenient access to major freeways, Downtown Houston, the Texas Medical Center, and the University of Houston • Excellent opportunity for investors seeking a cash-flowing multifamily asset with long-term appreciation potential in an area experiencing continued redevelopment and growth. Buyer to independently verify all property information, including unit dimensions, income, expenses, and occupancy.

Overview
  • MLS Number: 50540892
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 5,796 SqF
  • Land Size: 9,448 sqft
  • Year Built: 2011
Financial
Price:
$675,000
Price/SqFT:
$116.46
HOA Fee:
Tax Rate:
2.12522 %
Est. Monthly:
$9,230 *
Tax Amount:
$14,345
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Composition

Listed By:
Mimi To

MDK Realty Associates

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