For Sale

$750,000

HIGHLIGHTS:
  • Active
  • $7,261/month
  • 382 DOM
  • 1 Stories
  • 0 Beds
  • 5,550 SqFT
Description

Great investment opportunity! This fully renovated multifamily property includes 7 total units, two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bath layout and modern updates throughout. The exterior has been upgraded with a new roof, new gutters, and more, and a survey is available for review. Located in a rapidly growing neighborhood with lots of new development, this property offers strong potential for investors. Based on current market rents, the property has the potential to meet the 1% rule when fully occupied, indicating excellent cash flow potential. Additionally, the lot next to the property is for sale, offering even more opportunity for future expansion. For more information or any questions, please contact me.

Overview
  • MLS Number: 22193213
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 5,550 SqF
  • Land Size: 25,200 sqft
  • Year Built: 1965
Financial
Price:
$750,000
Price/SqFT:
$135.14
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$7,261 *
Tax Amount:
$0
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Other
Documents

Listed By:
Gustavo Alvarado

Walzel Properties - Katy

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