3938 King Street

Houston, TX 77026

About this property

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.

About this property

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.

Features and Additional Information

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$695,000 Active
6,300 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Om Realty Group
1-281-912-3102
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Area Information

2 | Harris County | Wilshire Place

$ 695,000
This listing is play_arrow 387.7% higher than the average in the area
$ 142,500 in the area
6,300 SqFt
This listing is play_arrow 660.0% larger than the average in the area
829 SqFt in the area
$ 110 $/SqFt
This listing is play_arrow 37.2% less than the average in the area
$ 176 $/SqFt in the area
84 days on site
This listing is play_arrow 1.8% below the average in the area
86 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Vijaianand Thirunageswaram
Brokerage: Om Realty Group

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