Investors, seize this exceptional opportunity to acquire a stabilized mixed-use property delivering a 9% CAP rate on a 7,190 SF lot—with no HOA and no flood zone. The 3,123 SF building includes a long-standing restaurant leased at $3,200/month (3-year term) and two residential units leased at $1,000/month each, generating steady income. Additional upside exists by leasing two unused on-site storage units. This is a rare chance to secure a stable, income-producing asset in a desirable area with future appreciation potential. Loan estimate available so see attachemnts.
For sale
Price increase: $10K (8/7)
$545,000
412 N 8th St, South Houston, TX 77587
2beds
3,123sqft
Est.:
Multi Family
Built in 1945
-- sqft lot
$500,300 Zestimate®
$175/sqft
$-- HOA
What's special
- 22 days
- on Zillow |
- 67 |
- 3 |
- Loading
- Loading