Homes for sale - 6614 London ST #12, Houston, TX 77021

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Additional details

Jonathan Davis

jdavis@bighouserealtygroup.com +1(713) 724-1685

$ 1,600,000

Est. payment | -/mo

2 Beds

1 Bath

8,400 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

2 Beds

1 Bath

8,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 8,400 sqft

Price per Sqft $190

Subdivision Grand Park

MLS Listing ID 63246297

Bedrooms 2

Full Baths 1

Year Built 1950

Annual Tax Amount $5,077

Tax Year 2024

Lot Size 0.344 Acres

Property Sub-Type Multiple Detached Dwellings

Property Description

CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. The property consists of 3 buildings 6614, 6618 and 6622 London Street. This property features 12 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. 100% OCCUPIED AND FULLY LEASED. Ample off-street parking for each tenant as well as guest parking. The property thrives due to its proximity to U of H, the Medical Center, Professional Sports teams, and easy access to 288 Fwy. This is truly a turnkey opportunity. Its proximity to major downtown employers attracts young professionals, ensuring a steady demand for rental units. The property is located in an opportunity zone, providing potential tax benefits for investors. The property is ideally located near U of H, TSU, the Medical Center, Downtown Houston, Midtown, Montrose, and more, making it highly desirable for tenants. House hack or invest with ease – this is a TURNKEY property! For details on income please request for reports. DRIVE BY ONLY... DO NOT DISTURB TENANTS!!

Location

State TX

County Harris

Area University Area

Interior

Heating Central Electric

Cooling Central Electric

Exterior

Roof Type Composition

Building

Story 1

New Construction No

Schools

Elementary Schools Peck Elementary School

Middle Schools Cullen Middle School (Houston)

High Schools Yates High School

School District 27 - Houston

Others

Senior Community No

Restrictions None

Tax ID 057-273-001-0020

Acceptable Financing Cash Sale, Conventional, Investor

Tax Rate 2.0924

Disclosures Reports Available

Listing Terms Cash Sale, Conventional, Investor

Financing Cash Sale,Conventional,Investor

Special Listing Condition Reports Available

Houston Association of Realtors (HAR MLS)

Listed by eXp Realty LLC • Jay Thomas

+1(713) 724-1685

jdavis@bighouserealtygroup.com

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6614 London ST #12 Houston, TX 77021