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.
Rare opportunity to own a property with high demand. Currently fully occupied with mostly long-term tenants, with a waiting list in place. Ideal location for investors looking for a stable rental income. 7 studio and 12 1-bedroom little homes in a Multi-Family - 5 Plus property. Built in 1930, 1612 Houston offers 1879 sq ft of living space on a 21300 sq ft lot.
South Houston is located in Texas. South Houston, Texas has a population of 16,354. South Houston is less family-centric than the surrounding county with 33.27% of the households containing married families with children. The county average for households married with children is 34.48%.
The median household income in South Houston, Texas is $51,188. The median household income for the surrounding county is $65,788 compared to the national median of $69,021. The median age of people living in South Houston is 29.6 years.
The average high temperature in July is 92.3 degrees, with an average low temperature in January of 44.5 degrees. The average rainfall is approximately 53.2 inches per year, with 0 inches of snow per year.