Average square foot calculated using Size range provided by listing agent.
Description
Excellent turnkey investment opportunity offering an 8% cap rate! This fully remodeled and fully occupied fourplex features four spacious 2-bedroom, 1-bath units, each equipped with central air and heat, a generous kitchen with serving bar, electric stove, refrigerator, large pantry, and washer/dryer connections. Every unit also includes a private patio and individual storage space. Tenants enjoy off-street parking with ample guest parking as well. Each unit is separately metered for electricity, making management simple. With current market rents at $1, 200 per unit, this property has the potential to gross $4, 800 per month. Ideally located on a quiet street with easy access to Hobby Airport, Downtown Houston, major highways, the Medical Center, and more. Do not disturb tenants. Drive-by only!Show Description
MLS® Number52836588
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1423
Exterior
GarageNo
Approx. Age1984
Basement
Driveway
Garage Spaces
HeatElectric
A/CElectric
Heating Fuel
Extras
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