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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24956348
23491006

203 Lockwood Dr, Houston, TX 77011

RM
TX 611080
Coldwell Banker universal
Listed by Coldwell Banker universal
$725,000
388 days on market
Updated 128 days ago
Opportunity zone

Prime Location 4-Plex | Turnkey Multifamily Investment

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,243
Net Rentable (SqFt) 2,243
Units 4
Cap Rate 8.00%
NOI $66,597
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1919
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 5,702
Investment Type Stabilized
Occupancy Date 06/03/2025
Sale Condition For sale by owner

Income Producing Quadplex in Houston, Tx- Turnkey Property with High-End Modern Furnishings

Marketing description

Looking for a high-potential investment property in one of Houston’s fastest-growing areas? This 2-story multi-family property offers:

✓4 income-producing units

✓Lot size: 5,702 sq ft

✓ It comes with High-End Modern Furnishings

✓ Turnkey Property

✓8 parking spaces

✓ Sitting in a Commercial Lot

✓ Remodeled in 2023

✓Located in the revitalized East End, just minutes from Downtown and EADO and near the 100 Acre East River Project

Perfect for investors, house hackers, or anyone looking to build long-term wealth through real estate.

Listing Contacts

RM
TX 611080
Coldwell Banker universal
Listed by Coldwell Banker universal

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$66,597.00
$5,549.75/mo

Valuation Metrics

0
DSCR
9.19%
Cap Rate
9.19%
ROI

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Additional Information

Name
Raquel Molina
License
611080
Title
Real Estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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