🏡 Rare Find: 14 Unit Multifamily Property in Prime Houston Location!

Harris County, Houston, TX, 77015 view full address
For Sale
Listed at: May 28th, 2024
Price
$840,000
Sq. Footage
1792
Type
Multifamily
Parking
Unassigned
Year build
1974
Lot size
0.13 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Property Details

  • 🏘️ 14 Units (Total)
  • 🏠 12 Units 1/1
  • 🏢 2 Units 2/1
  • 🏢 Buildings 1, 2, and 3 are 1/1
  • 💡💧 Landlord Paying Utilities Except Electricity
  • 🏠 Building 4 is 2/1 (Tenants Paying All Utilities)
  • 🔲 2 Units are Vacant
  • 🔳 12 Units are Occupied
  • 🛠️ Building 3 was Remodeled
  • 🔑 Rental Ready Units – No Repairs Needed
  • 💵 Yearly Income: $114,066
  • 💸 Yearly Expenses: $41,000
  • 💰 Current NOI: $73,000
  • 📈 Cap Rate: 8.6%

 

Starting price: $840K

 

For more details or questions call
Richard before this deal sells!

 832-734-7503

 

Please Read:
** Public showing will be canceled if the property is sold site unseen for a "buy it now" price **
First Come, First Served.

 

📍 Point of Interest:

  • 🚗 4 min from Beltway 8
  • 🎓 8 min San Jacinto College North Campus
  • 🌳 6 min Channelwood Park
  • 🎠 8 min New Forest Crossing Mall

 

Terms: 

  • Cash or Hard Money Only
  • $5,000 Non-refundable deposit
  • $600 Administration/Coordination fee will be added to buy price
  • Property to be sold AS-IS
  • Buyer pays ALL closing costs
  • No option period will be granted
  • Agents / Wholesalers will need to add their fees to your offer
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Richard Vargas

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