Do Real Estate on the Go!
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Do Real Estate on the Go!
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$499,900
2 Beds
- 1 Bath
1 full bath
3,123sqft
412 N 8Th St, South Houston, TX 77587
$499,900
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Multi Family
Built in 1945
$-- HOA
0.17 acre lot
$160/sq.ft
Description
Deal of the Year! Investors, seize this rare opportunity to own a stabilized mixed-use property delivering a strong 9% CAP rate and instant cash flow—now reduced by $85,000 since last year for a quick sale! Situated on a 7,190 SF lot with no HOA and no flood zone, this solid 3,123 SF building features a long-standing restaurant tenant paying $3,200/month on a 3-year lease plus two residential units leased at $1,000/month each, providing consistent income. Additional upside potential by leasing two unused on-site storage units. This property combines stability, prime location, and appreciation potential in one unbeatable package. Loan estimate and supporting documents avai...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1945
HOA Fees
-
Finished Area
3,123 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
Houston Association of Realtors
MLS Number
22148781
MLS Status
Active
Days on Market
28
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