Listed by Keller Williams Houston Central
$650,000
2 Duplex for Sale
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,996
Net Rentable (SqFt) 1,998
Units 4
NOI $57,000
Occupancy 100%
Pro-Forma NOI $55,000
Class C
Year Built 1980
Year Renovated 2-3yrs
Buildings 2
Stories 2
Lot Size (SqFt) 6,270
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.50
Investment Type Sale/Leaseback
Ground Lease Yes
Sale Condition Sale for leaseback
4-PLEX FOR SALE 100% LEASED
Marketing description
Come and invest in this nice 4 plex in South Houston, TX. All units have updates from a New roof put in 2024 for both buildings, updated kitchen and bathrooms, Laminate floors, New fence, Some have fairly new AC units, Some electrical, recent carpet in some, Extra space behind the building with potential of building another unit. All units are 100% leased out. Call me for more details. 832-731-3158 ask for Teresa Martinez.
Investment highlights
ROOF IN 2024
FENCE IN 2024
KITCHEN 2023
BATHROOMS 2022-2023
CARPET 2022
FRESH PAINT 2022-2024
EXTRA SPACE IN THE BACK WITH POSSIBILITY TO ADD ANOTHER BUILDING. CHECK OUT THESE AWESOME DUPLEXES.
Listing Contacts
Listed by Keller Williams Houston Central
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,000.00
$4,750.00/mo
Valuation Metrics
0
DSCR
8.77%
Cap Rate
8.77%
ROI
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