For Sale

$650,000

HIGHLIGHTS:
  • Pending
  • $8,563/month
  • 72 DOM
  • 1 Stories
  • 0 Beds
  • 2,380 SqFT
Description

Fantastic Investment Opportunity in Houston! 5124 Clover St offers a fully occupied 7-unit multifamily property in a highly desirable area. Each unit is a 2 bedroom, 1 bathroom floorplan. The property is separately metered with 7 electrical meters, 7 gas meters, and 1 water meter. Current rental income: $6,485/month ($77,820/year) with 6 units at $950/month and 1 unit at $785/month. Located in a prime part of Houston surrounded by new development, this property also benefits from the City’s revitalization efforts, including recently improved roads and ongoing infrastructure upgrades. With strong rental demand and long-term growth potential, this property is a solid addition to any investment portfolio. Feel Free to reach out and throw your offers! Please do not disturb the tenants.

Overview
  • MLS Number: 94224968
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,380 SqF
  • Land Size: 5,238 sqft
  • Year Built: 1956
Financial
Price:
$650,000
Price/SqFT:
$273.11
HOA Fee:
Tax Rate:
2.09236 %
Est. Monthly:
$8,563 *
Tax Amount:
$13,600
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Window Unit
    Cooling:
    Other Cooling
  • Roof:
    Composition

Listed By:
Jordyn Golightly

LoKation Real Estate 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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