Prime investment opportunity in Houston’s 5th Ward. This income-producing property, with a CAP RATE EXCEEDING 10%, spans 11 total lots and features 5 duplexes (10 total units), individually metered and all currently leased, delivering IMMEDIATE CASH FLOW from day one. Corner at the end of a dead-end street, the site offers limited through traffic while still providing ACCESS FROM TWO SEPARATE STREETS, an ideal setup for tenants and future development. Property backs to industrial and rail, supporting steady rental demand in a strong working corridor. Located within an OPPORTUNITY ZONE, this asset presents potential tax advantages and long-term upside.
In addition to the existing duplexes, there are two tear-down structures and room to build up to 4 additional duplexes (8 more units). At the current pricing, the property is operating at an 8%+ cap rate with all units leased—offering strong in-place returns with clear expansion potential in one of Houston’s rapidly growing submarkets.
0.6198 ไร่ส่วนตัว ขนาดแปลงที่ดิน
การลงทุน
US$660 ภาษีรายเดือน
ติดตั้งในตัว 1940
เอ็มแอลเอส/รหัสประกาศ 34047683
1 เรื่องราว
องค์ประกอบ
Construction - Wood Siding
Cooling - Window Units
Heating - Other
ล็อต - ทำความสะอาดแล้ว
Lot - Corner Lot
ค่าใช้จ่ายรายเดือนทั้งหมด
US$0
US$0
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