Welcome to 801-803 66th St, a highly efficient, fully occupied 8-plex sitting directly in the path of progress in Houston's booming Greater East End footprint. Boasting an actual NOI of $57,741, this asset offers a low-risk position inside the Loop. The property features high-ticket capital expenditures already handled by the seller, including a recent roof, replaced water main lines, updated attic insulation. Operationally, the property is a dream value-add canvas. With room for cosmetic updates to increase equity and the building's overall net operating yield. Situated in the transitioning urban infill pocket of Magnolia Park, residents enjoy effortless access to the transit arteries of Downtown Houston, the thriving commercial corridors of EaDo, and the massive tenant bases of the University of Houston and the Port of Houston.
Explore the cost of this home by adjusting the details. Changes won't be saved.
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.
See how much you could borrow to make a competitive offer.