6614 LONDON STREET #12, HOUSTON, TX 77021

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Homes for sale in 77021.


6614 London Street #12

Houston, TX 77021

Status of the property has changed, please contact for details

List Price$1,250,997

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #63246297

2

Bedrooms

1 full

Bathrooms

8,400

Square Feet

12

Number of Units

Multi-Unit Residential

Type

About This Property

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.

Property Features

Location Information

County

Harris

Longitude

-95.351802

MLS Area

University Area

Subdivision

Grand Park

Latitude

29.692102

Directions

610 South, right on Cullen, right on Hull, right on London Street

Interior Features

Total Number of Units

12

Exterior Features

Stories

1

Lot Size in Sq. Ft.

15,000

Is New Construction

No

Is One Story

Yes

Lot Size in Acres

0

School

School District

Houston

Middle School

CULLEN MIDDLE SCHOOL (HOUSTON)

Elementary School

PECK ELEMENTARY SCHOOL

High School

YATES HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, Investor Financing

Year Built

1950

Property Type

RI

Status

Active

Property SubType

Detached

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Mortgage Calculator

$5,841

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,508

Monthly Tax

$1,042

Monthly Insurance

$291

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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