For Sale

$620,000

HIGHLIGHTS:
  • Active
  • $8,169/month
  • 6 DOM
  • 1 Stories
  • 0 Beds
  • 1,404 SqFT
Description

What a great opportunity for buy-and-hold investors who are not scared of TLC when it comes to adding value to their investments. This property features six duplexes-12 units total. Situated on an oversized lot with plenty of potential to renovate, develop a new project to increase cash flow, or hold as-is. Surrounded by thriving multifamily developments and centrally located in Houston, it offers easy access to major roads, shopping, and amenities. Tenant occupied, please do not disturb. Approximately 80% of tenants are long-term residents with 8+ years of occupancy, providing steady rental income.

Overview
  • MLS Number: 55691472
  • Type: Multi-Family - Duplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 1,404 SqF
  • Land Size: 55,605 sqft
  • Year Built: 1945
Financial
Price:
$620,000
Price/SqFT:
$441.60
HOA Fee:
Tax Rate:
2.09236 %
Est. Monthly:
$8,169 *
Tax Amount:
$12,973
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Other Heating
    Cooling:
    Window Units
  • Roof:
    Composition
    Exterior Type:
    Cement Board
    Lot Description:
    Other
    Parking Unit:
    Two

Listed By:
Ashley Alexander

Peak Real Estate

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