Description
Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer. Individual Utilities: Each unit is individually metered for electricity and water. Ample Land: Enough space to build 3 additional units, expanding income potential further.
Details
| MLS # | 25929932 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 86 |
| Listing Provided By | Om Realty Group | Vijaianand Thirunageswaram |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 6,300 |
| Story(s) | 1 |
| Units | 7 |
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77026 |
| Area | 2 |
| Subarea | Northside |
| Community Name | Wilshire Place |
| Listing VS Median (in Wilshire Place) | |
Price: $695,000 low | high Med: $142,500 sqft: 6,300 low | high Med: 829 $ / sqft: $110 low | high Med: $176 On site: 86 low | high Med: 87.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77026 |
| Area | 2 |
| Subarea | Northside |
| Community Name | Wilshire Place |
| Listing VS Median (in Wilshire Place) | |
Price: $695,000 low | high Med: $142,500 sqft: 6,300 low | high Med: 829 $ / sqft: $110 low | high Med: $176 On site: 86 low | high Med: 87.5 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
