44537 OLD HOUSTON HWY HEMPSTEAD TX 77445
Multifamily | 4 Units
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Investment highlights
Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00.
Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development.
Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants.
Additional SqFt upstairs.
Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View.
Property Highlights:
• 4 income-producing units possible expansion of two more.
• Gross income $7,500 monthly which includes utilities
• Close to Prairie View A&M University
• Easy access to Highway 290
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