8814 MANUS STREET #1-11, HOUSTON, TX 77093
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8814 Manus Street #1-11
Houston, TX 77093
List Price$976,520
Listing #51032493
About This Property
BEST MULTIFAMILY DEAL consist of 5 units of 1bed/1bath and 6 Units of 2beds/1bath. Priced at 1% rental rule on existing rents (not projected!) See attached Offering Memorandum (OM). Great income-producing 11-unit multifamily Deal. New Roof, New HVAC, updated interior. Upside includes: Pet fees, rent increase, laundromat onsite, and implementing RUBS on water since there is no separate water meter. Unit #5 is vacant and available for showings with Proof of Funds. Unit 5 is representative of the overall condition of other units. All tenants are on annual leases, with the average tenant in place for several years and intending to remain with new ownership. Details on the MLS attachment. Monthly operating expenses for all eleven units include Approx. monthly expenses: $780 water, $490 trash, $200 landscaping, $100 pest control, $1,148 insurance. No HOA, no short-term rental restriction, and no deed restriction. Low-ball offers will not receive a response. No creative deal or "Subject To".
Property Features
Location Information
County
Harris
Longitude
-95.336781
MLS Area
Northside
Subdivision
Curry Place
Latitude
29.839652
Directions
Put the address on GPS. Merge onto I-69/US-59 N Take exit 137A toward Laura Koppe Rd Continue on Eastex Fwy Rd. Drive to Manus St.
Interior Features
Interior
Granite Counters, Handicap Access, Ceiling Fan(s)
Total Number of Units
11
Exterior Features
Stories
1
Lot Size in Acres
0
Is New Construction
No
Lot Size in Sq. Ft.
14,000
Construction
Brick, Vinyl Siding, Wood Siding
Is One Story
Yes
Parking Description
Carport, Paved
School
School District
Houston
Middle School
PATRICK HENRY MIDDLE SCHOOL
Elementary School
BERRY ELEMENTARY SCHOOL (HOUSTON)
High School
KASHMERE HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional, Investor Financing, Other
Year Built
1956
Property Type
RI
Status
Active
Property SubType
Detached
Similar Listings
Mortgage Calculator
$4,558
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,518
Monthly Tax
$813
Monthly Insurance
$227
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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