South Houston TX Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Year built:
- 1945
- Baths:
- 1.00
- MLS#:
- 37502786
- Subdivision:
- South Houston Gardens Sec 01
View additional info
Courtesy: JPAR - The Sears Group
713-357-0068
ADDITIONAL INFORMATION
Investors, seize this opportunity (9% CAP) to acquire a mixed-use property on a spacious 7,190 square foot lot. 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 1 bedroom and 1 bathroom unit, is vacant and offers flexibility for new tenants or potential owner-occupancy. The restaurant lease 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. See attached. 600K owner can be your bank 20 down.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 8002625
- Subdivision:
- South Houston
View additional info
Courtesy: NB Elite Realty
844-444-6237
ADDITIONAL INFORMATION
116 York is a stunning Multi-Family - Duplex property with a prime location and ample space for your investment needs. This property features a spacious lot size of 14200 square feet and is scheduled for completion in August 2024. With 0 bedrooms and 0 bathrooms, this property offers endless possibilities for customization and potential rental income. Don't miss out on this fantastic opportunity to own a piece of real estate in a desirable area. Contact us today for more information.
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South Houston Real Estate
The median home value in South Houston, TX is $128,200. This is lower than the county median home value of $190,000. The national median home value is $219,700. The average price of homes sold in South Houston, TX is $128,200. Approximately 55.09% of South Houston homes are owned, compared to 37% rented, while 7.92% are vacant. South Houston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Houston real estate agent to arrange a tour today!
South Houston, Texas has a population of 17,563. South Houston is more family-centric than the surrounding county with 41.79% of the households containing married families with children. The county average for households married with children is 35.57%.
The median household income in South Houston, Texas is $44,607. The median household income for the surrounding county is $57,791 compared to the national median of $57,652. The median age of people living in South Houston is 28.7 years.
South Houston Weather
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 54.5 inches per year, with 0 inches of snow per year.