Excellent turnkey investment opportunity offering an 8% cap rate! This fully remodeled and fully occupied fourplex features four spacious 2-bedroom, 1-bath units, each equipped with central air and heat, a generous kitchen with serving bar, electric stove, refrigerator, large pantry, and washer/dryer connections. Every unit also includes a private patio and individual storage space. Tenants enjoy off-street parking with ample guest parking as well. Each unit is separately metered for electricity, making management simple. With current market rents at $1,200 per unit, this property has the potential to gross $4,800 per month. Ideally located on a quiet street with easy access to Hobby Airport, Downtown Houston, major highways, the Medical Center, and more. Do not disturb tenants. Drive-by only!
For sale
Price cut: $50K (8/3)
$449,995
9018 Grannis St #4, Houston, TX 77075
2beds
0baths
3,468sqft
Est.:
Quadruplex
Built in 1984
-- sqft lot
$440,500 Zestimate®
$130/sqft
$-- HOA
What's special
- 58 days
- on Zillow |
- 548 |
- 39 |
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