1408 Edward Dr - Apartments FOR SALE


South Houston, TX 77587
$325,000 USD
832-731-3158
1408 Edward Dr, South Houston, TX for Sale
$325,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

1408 Edward Dr
South Houston, TX 77587


OVERVIEW

Check out this amazing duplex includes many updates recently done. All units are currently under a lease contract. Seller is selling an additional duplex building next door as well. This great investment features per unit 2 bedrooms 1.5 baths, updated floors, kitchen & bathrooms updated, a recent new roof, good size backyard with potential room to build another duplex behind the property. This property is at walking distance to the Elementary LF Smith school, surrounded by residential neighborhoods, close to Spencer Hwy, near grocery stores and a ton of shopping centers. This property is located minutes near HwyI-45 & Beltway 8 South. Great to convert it into short term rental Airbnb or long term rental as it's currently being rented. Current Rental contracts will have to be honored with the purchase. No showings unless an offer is received from the buyer.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

2

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,445 SF

ZONING

Commercial

APN/PARCEL ID

0915360000013

ASK ABOUT THIS PROPERTY

Teresa MartinezKeller Williams Houston CentralMore Info
832-731-3158

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Teresa MartinezKeller Williams Houston CentralMore Info
832-731-3158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.