Listing Courtesy of: Kate Myhan - JPAR - The Sears Group
713-357-0068
$545,000
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412 N 8th Street South Houston, TX 77587
Multi-Family
Residence
2
Beds
1
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
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Investors, seize this opportunity to acquire a mixed-use property on a spacious 7,190 square foot lot with 5,075$ monthly income. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms ...and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease.
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MLS#
29448437
Property Type
Multi-Family
Bedrooms
2
Bathrooms
1 Full
Year Built
1945
Price per Sq. Ft.
$174.51
Stories
2.0
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