6614 LONDON STREET #12, HOUSTON, TX 77021
Homes for sale in Houston.
Homes for sale in 77021.
6614 London Street #12
Houston, TX 77021
List Price$1,250,997
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
Similar Listings
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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