For Sale

$700,000

HIGHLIGHTS:
  • Active
  • $9,961/month
  • 25 DOM
  • 2 Stories
  • 0 Beds
  • 2,700 SqFT
Description

Turnkey 10-unit apartment complex fully occupied and cash flowing in the booming East Downtown Houston (EaDo) area, bringing in $10,700 per month in rental income. This prime investment opportunity offers immediate cash flow with all units currently leased and located in one of Houston’s neighborhoods known for strong rental demand and low vacancy rates. The owner is open allowing a savvy investor to take over the and step into a performing asset with minimal upfront capital. Don’t miss this rare chance to own a stabilized multifamily property in one of the city's most dynamic markets.

Overview
  • MLS Number: 38463050
  • Type: Multi-Family - Fourplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,700 SqF
  • Land Size: 7,500 sqft
  • Year Built: 1930
Financial
Price:
$700,000
Price/SqFT:
$259.26
Original Price:
$1,150,000
Reduced $:
$450,000
Reduced On:
Apr 19th, 2025
Reduced %:
39.13 %
HOA Fee:
Tax Rate:
2.24236 %
Est. Monthly:
$9,961 *
Tax Amount:
$15,697
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Cooling:
    Window Units
    Heating:
    Window Unit
  • Roof:
    Composition
    Exterior Type:
    Vinyl

Listed By:
Steven Koleno

Beycome Brokerage Realty, 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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