$299,990
820 6th Street TURNKEY Investment! Great Cap Rate!
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,566
Units 3
Cap Rate 9.87%
NOI $29,600
Occupancy 100%
Tenancy Multi
Price per SqFt $117
Year Built 1935
Buildings 2
Lot Size (SqFt) 10,800
Zoning City of Rosenberg
Investment Type Value Add
Sale Condition N/A
3 Units, All Leased, Long-Term Tenants, $2,900/mo. rent rolls
Marketing description
UNBELIEVABLE Investment Opportunity! GREAT LOCATION in the heart of Downtown Rosenberg. Duplex property with detached rear quarters. 3 separate units and an outdoor storage shed. Recent Improvements and well-manicure grounds. Generous size rooms and spacious living areas. This property is unique and ready for its next owner.
Investment highlights
Long-Term Tenants looking to stay on. Current leases expire end of September '26. Rents rolls have not been increased in years.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,600.00
$2,466.67/mo
Valuation Metrics
0
DSCR
9.87%
Cap Rate
9.87%
ROI
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