3938 KING STREET, HOUSTON, TX 77026
Homes for sale in Houston.
Homes for sale in 77026.
3938 King Street
Houston, TX 77026
List Price$740,000
Listing #84351666
2
Bedrooms
1 full
Bathrooms
6,300
Square Feet
7
Number of Units
Multi-Unit Residential
Type
About This Property
Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer. Individual Utilities: Each unit is individually metered for electricity and water. Ample Land: Enough space to build 3 additional units, expanding income potential further.
Property Features
Location Information
County
Harris
Longitude
-95.332101
MLS Area
Northside
Subdivision
Wilshire Place
Latitude
29.817811
Directions
Head onto I-69/US-59 N, Take exit 123 to merge onto I-610 N, Keep right at the fork to continue on I-610 E, Keep right to stay on I-610 E, Take exit 19A toward Hardy St/Jensen Dr, Merge onto N Loop E Fwy, Continue straight to stay on N Loop E Fwy, Continue onto Kelley St, Turn left onto Sayers St, Destination will be on the left
Interior Features
Total Number of Units
7
Exterior Features
Stories
1
Lot Size in Sq. Ft.
0
Is New Construction
No
Is One Story
Yes
Lot Size in Acres
0
School
School District
Houston
Middle School
KEY MIDDLE SCHOOL
Elementary School
KASHMERE GARDENS ELEMENTARY SCHOOL
High School
KASHMERE HIGH SCHOOL
Additional Information
Property Type
RI
Year Built
1948
Property SubType
Multi Family
Status
Active
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Mortgage Calculator
$3,454
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,666
Monthly Tax
$616
Monthly Insurance
$172
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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