For Sale

$539,995

HIGHLIGHTS:
  • Active
  • $8,041/month
  • 199 DOM
  • 2 Stories
  • 0 Beds
  • 3,468 SqFT
Description

CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. Remodeled fourplex ready to rent! This property features 4 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. Centrally located near Hobby Airport! Large 2-bedroom 1 bath units feature central air and heat, spacious kitchen, serving bar, electric stove, refrigerator, big pantry, utility area features washer/dryer connections, small patio and storage area for each unit. Separate electric meters, good parking, Easy to rent area. 100% OCCUPIED AND FULLY LEASED. Market rent $1200/ per month for each unit** Potential gross; $4800/ month** Conveniently located on a quiet street with ample parking for each tenant as well as guest parking. Easy access to major roads/highways, Downtown, Hobby Airport, Medical Center, Museum District, and more! DRIVE BY ONLY. DO NOT DISTURB TENANTS!!

Overview
  • MLS Number: 52836588
  • Type: Multi-Family - Fourplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,468 SqF
  • Land Size: 6,200 sqft
  • Year Built: 1984
Financial
Price:
$539,995
Price/SqFT:
$155.71
Original Price:
$560,000
Reduced $:
$20,005
Reduced On:
Apr 14th, 2025
Reduced %:
3.57 %
HOA Fee:
Tax Rate:
2.63325 %
Est. Monthly:
$8,041 *
Tax Amount:
$14,219
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Disposal:
    Yes
  • Roof:
    Composition

Listed By:
Jay Thomas

eXp Realty LLC

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