4820 Oak Ave 16

Prime 16-unit multifamily community fully renovated! Completely remodeled in 2019, this turnkey property offers stable cashflow with opportunity for upside potential. Property history will showcase low tenant turnover and minimal maintenance costs. The recent renovation includes new flooring, new cabinetry, updated bathrooms, and all new fixtures. Opportunity to increase revenue by bumping rents, billing utilities back to tenants, adding central HVAC, and more. The property currently provides window units, but has AC ducting in place - making installation of central HVAC units simple and cost effective. Located in Pasadena near major employers (Oil & Gas, Port of Houston), it benefits from strong rental demand. Favorable seller financing available! Financials available upon request. Please call or text Kaelyn at 281-706-6887 or 713-748-1000 for details.