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Street View
$1,200,000
2 Beds
- 1 Bath
1 full bath
8,490sqft
9849 Mesa Dr, Houston, TX 77078
$1,200,000
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Multi Family
Built in 1960
$-- HOA
0.44 acre lot
$141/sq.ft
Description
Excellent value-add investment opportunity in a developing pocket of Northeast Houston. This 15-unit property features 10 studio apartments along with 1-bedroom and 2-bedroom layouts, situated on an expansive 19,274 square foot lot. The property is fully occupied on stable short-term and month-to-month leases, providing immediate cash flow on day one. Strong upside potential through targeted renovations to align with rising neighborhood rents, or full redevelopment leveraging the large lot footprint. New construction is active in the immediate surrounding area. Tenant occupied—please do not disturb occupants.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
8,490 sqft
Lot Size
0.44 acre lot
Basement Area
- sqft
MLS Name
Houston Association of Realtors
MLS Number
73391844
MLS Status
Active
Days on Market
393
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