For Sale

$350,000

HIGHLIGHTS:
  • Active
  • $3,619/month
  • 42 DOM
  • 1 Stories
  • 0 Beds
  • 2,130 SqFT
Description

Fully occupied! Income-producing Duplex conveniently located near Hobby Airport, I-45 and Loop 610. Built in 2004, the property includes two 1,065-square-foot units, each offering 2 bedrooms and 1.5 bathrooms. Both units are currently leased and generating cash flow, with tenants responsible for their own utilities. The manageable two-unit configuration provides straightforward operations for investors, with potential for future rent growth based on lease timing, property condition and market conditions. Documented roof maintenance was completed in 2019, including new underlayment, resealing, vent replacement and localized repairs. No flooding during Hurricane Harvey or other storms. NO HOA! Well-suited for a long-term hold or 1031 exchange.

Overview
  • MLS Number: 51678229
  • Type: Multi-Family - Duplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,130 SqF
  • Land Size: 6,600 sqft
  • Year Built: 2004
Financial
Price:
$350,000
Price/SqFT:
$164.32
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$3,619 *
Tax Amount:
$0
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate,Tile
    Heating:
    Central Gas
    Cooling:
    Central Electric
    Microwave:
    Yes
    Disposal:
    Yes
    Dishwasher:
    No
    Energy Feature:
    Ceiling Fans,Digital Program Thermostat,Energy Star Appliances,Energy Star/CFL/LED Lights
  • Roof:
    Composition
    Exterior Type:
    Cement Board

Listed By:
Terin Varghese

Rasha Realty, LLC

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