For Sale

$535,000

HIGHLIGHTS:
  • Active
  • $7,471/month
  • 558 DOM
  • 1 Stories
  • 0 Beds
  • 3,669 SqFT
Description

Investors wanted! 5-7K in rental income a month, 5 total units. 2 full duplexes (total of 4 units) with 2 bed 1 bath each. This complex is 2 minutes from Highway 59/69 and 610 Loop and 10 minutes from downtown Houston. One fully rebuilt single family home with 2 bed 2 bath in the back. All have updated hot water heaters, furnace and roofs. Each unit has central AC and Heat. Single home has updated flooring , electrical wiring, plumbing and fixtures. Each unit individually gas and electric metered all share water meter. All units have stove and refrigerator. 2 paved parking spaces for each unit. Recently installed fence around property. Duplex units rent for $1100 each/month and all are currently occupied. Single home in the back rents for $1400/month. All units are fully occupied. Total rent for all 5 units $5800. Cap rate over 8% after expenses. No HOA. Don’t miss this great Investor opportunity! Please contact agent for current rental rolls.

Overview
  • MLS Number: 37808312
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,669 SqF
  • Land Size: 15,000 sqft
  • Year Built: 1960
Financial
Price:
$535,000
Price/SqFT:
$145.82
HOA Fee:
Tax Rate:
2.01481 %
Est. Monthly:
$7,471 *
Tax Amount:
$10,779
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate,Tile,Vinyl Plank
    Countertop:
    Granite
    Cooling:
    Central Electric
    Heating:
    Central Gas
    Energy Feature:
    Ceiling Fans,Insulation - Other,North/South Exposure,HVAC>13 SEER,Digital Program Thermostat
  • Roof:
    Composition
    Exterior Type:
    Brick,Wood
    Parking:
    Paved Area
    Parking Unit:
    Two

Listed By:
Ron Cyriac

eXp Realty LLC

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