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Investors wanted! 5-7K in rental income a month, 5 total units. 2 full duplexes (total of 4 units) with 2 bed 1 bath each. This complex is 2 minutes from Highway 59/69 and 610 Loop and 10 minutes from downtown Houston. One fully rebuilt single family home with 2 bed 2 bath in the back. All have updated hot water heaters, furnace and roofs. Each unit has central AC and Heat. Single home has updated flooring , electrical wiring, plumbing and fixtures. Each unit individually gas and electric metered all share water meter. All units have stove and refrigerator. 2 paved parking spaces for each unit. Recently installed fence around property. Duplex units rent for $1000 each/month and all are currently occupied. Single home in the back rents for $1250/month. All units are fully occupied. Total rent for all 5 units $5350. Cap rate over 8% after expenses. No HOA. Don't miss this great Investor opportunity! Please contact agent for current rental rolls and P&L statements.
| DAYS ON MARKET | 14 | LAST UPDATED | 5/4/2024 |
|---|---|---|---|
| TRACT | Kashmere Gardens Park | YEAR BUILT | 1960 |
| COMMUNITY | 2 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | 27 - Houston |
|---|---|
| Elementary School | KASHMERE GARDENS ELEMENTARY SCHOOL |
| Jr. High School | KEY MIDDLE SCHOOL |
| High School | KASHMERE HIGH SCHOOL |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 2 |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| HEAT | Central, Natural Gas |
| STORIES | 1 |
| SUBDIVISION | Kashmere Gardens Park |
| TAXES | 6353 |
| UTILITIES | Natural Gas Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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