6614 London ST #12 Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77021
Key Details
Property Type Single Family Home
Sub Type Detached
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
Property Sub-Type Detached
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 4
Interior
Heating Central,Electric
Cooling Central Air,Electric
Exterior
Roof Type Composition
Building
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
Acceptable Financing Cash,Conventional,Investor Financing
Listing Terms Cash,Conventional,Investor Financing