Eight-unit multifamily investment opportunity consisting of four two-bedroom units and four one-bedroom units. The property received a comprehensive interior renovation in 2023, including new cabinets, flooring, paint, doors, tubs, toilets, and tile throughout the units, providing a solid foundation for continued operation and future improvements.
Major capital items have been addressed, with roofs replaced in 2020 and HVAC systems updated in 2019. The property is currently 7 of 8 units occupied, with several long-term tenants in place, supporting consistent in-place income while allowing an investor the ability to implement rent growth and operational improvements over time.
This asset presents an attractive opportunity for an investor seeking existing cash flow with value-add potential, supported by recent renovations and updated major systems, while still offering room to further enhance performance
136 days
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56
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3
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Zillow last checked:
Listing updated:
Listed by:
Christian ReyesTREC #0666340832-499-1002,
Compass RE Texas, LLC - The Woodlands
Source: HAR,MLS#: 13524875
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Heating
Electric, Natural Gas
Cooling
Ceiling Fan(s), Electric
Appliances
Included: Range, Microwave, Refrigerator
Features
Flooring: Vinyl
Interior area
Total structure area: 5,375
Total interior livable area: 5,375 sqft
Property
Parking
Parking features: One Parking Unit
Features
Stories: 2
Fencing: Fenced
Lot
Size: 7,448 Square Feet
Features: Subdivided, Cleared
Details
Parcel number: 0701070010007
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Roof: Composition
Condition
New construction: No
Year built: 1964
Utilities & green energy
Utilities for property: Electricity Available, Natural Gas Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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