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.
Elementary School: KASHMERE GARDENS ELEMENTARY SCHOOL
Elementary School District: 27 - Houston
High School
High School: KASHMERE HIGH SCHOOL
High School District: 27 - Houston
Middle or Junior School
Middle Or Junior School: KEY MIDDLE SCHOOL
Middle Or Junior School District: 27 - Houston
Utilities
Equipment
Cooling: Central Air, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Based on information from Houston Realtors Information Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.