407 W Semands St - Multi-Family FOR SALE


Conroe, TX 77301
$1,350,000 USD
407 W Semands St, Conroe, TX for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/11
null | 6.08% Cap Rate

407 W Semands St
Conroe, TX 77301


HIGHLIGHTS

  • Close to downtown Conroe
  • Quality updated/renovated

OVERVIEW

Amazing Investment Opportunity in the Heart of Conroe! Don’t miss this rare chance to own two well-maintained multi-unit buildings — one with 2 units and the other with 4 units — ideally situated near shopping, dining, and major roadways. Each spacious unit features 2 bedrooms and 2.5 bathrooms, covered parking for 2 vehicles, and in-unit laundry for tenant convenience. Every unit has been beautifully renovated with quartz or granite countertops, stainless steel appliances, full-size refrigerators, and updated bathrooms. Bedrooms include walk-in closets, and each unit offers a private fenced patio perfect for outdoor enjoyment. The buildings are also wired with electronic security systems for added peace of mind. With modern finishes, thoughtful upgrades, and a prime location, this property provides strong rental demand and excellent return potential — a turnkey, tenant-ready investment opportunity you won’t want to miss!

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

6

PRICE/UNIT

$225,000

CAP RATE

6.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

1

APN/PARCEL ID

7920-00-05000

ASK ABOUT THIS PROPERTY

Rami AlablliExecutive Texas RealtyMore Info

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Rami AlablliExecutive Texas RealtyMore Info

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