Source:
Houston Association of REALTORS
MLS#59541080
About the Property
Massive investment opportunity inside the 610 Loop! This high-yielding multi-family portfolio features a total of 5 income-producing units spread across three distinct structures, generating a strong $5,650 in monthly rental income. Property Breakdown: Rear Single-Family Home: Spacious 2-bedroom, 2-bathroom house currently leased for $1,250/month. Two Detached Duplexes: A total of 4 in
Massive investment opportunity inside the 610 Loop! This high-yielding multi-family portfolio features a total of 5 income-producing units spread across three distinct structures, generating a strong $5,650 in monthly rental income. Property Breakdown: Rear Single-Family Home: Spacious 2-bedroom, 2-bathroom house currently leased for $1,250/month. Two Detached Duplexes: A total of 4 independent apartment units (2 bedrooms, 1 bathroom each), fully leased at $1,100/month per unit. Unbeatable Location: Perfectly situated just 10 minutes from Downtown Houston and inside the highly desirable 610 Loop. This property offers incredible long-term appreciation potential and low vacancy rates due to its close proximity to the brand-new hospital development and local employment hubs. All units are fully occupied and generating cash flow from day one. Perfect for a seasoned investor looking for immediate, stable yields or a 1031 exchange. Selling strictly as-is. Fully renovated in 2023.
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