8814 MANUS STREET #1-11, HOUSTON, TX 77093

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8814 Manus Street #1-11

Houston, TX 77093

Active

List Price$976,520

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

Listing #51032493

7,589

Square Feet

11

Number of Units

Multi-Unit Residential

Type

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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