$700,000
For Sale

7109 Avenue E #12

Houston, TX 77011
2700 sqft | 10 beds | 10 baths | 0.17 acres | #38463050
Browse 6 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Turnkey 10-unit apartment complex fully occupied and cash flowing in the booming East Downtown Houston (EaDo) area, bringing in $10,700 per month in rental income. This prime investment opportunity offers immediate cash flow with all units currently leased and located in one of Houston’s neighborhoods known for strong rental demand and low vacancy rates. The owner is open allowing a savvy investor to take over the and step into a performing asset with minimal upfront capital. Don’t miss this rare chance to own a stabilized multifamily property in one of the city's most dynamic markets.

  • Property Details
      • Elementary SchoolFRANKLIN ELEMENTARY SCHOOL (HOUSTON)
      • High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
      • Property SubtypeMulti Family, Quadruplex
      • Middle SchoolEdison Middle School
      • SubdivisionMagnolia Park
      • Property TypeMulti-Family
      • School District27 - Houston
      • MLS #38463050
      • MLS #38463050
      • Acres0.1722
      • CountyHarris
      • Taxes Annual$7,502
      • Cost700000
      • Square Feet2700
      • Year Built1930
      • Bedrooms10
      • Bathrooms10
      • Full Baths10

Location

Troy SmithReal Estate Group
OR

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Interest Rate

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6.0%

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2.6%
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