This package includes a fully leased 3,840 sq. ft. multifamily property along with the adjacent lot, currently utilized as resident parking. The property features six spacious units — five (1x1) apartments and one (3x1) unit — all rent-stabilized and 100% occupied. With annualized revenue exceeding $80,000 (pro forma $88,000), this income-generating asset offers minimal maintenance requirements, no immediate CAPEX needs, and excellent operational stability. Each unit is individually metered, providing the potential to increase NOI by passing utilities to tenants. Located in a mixed industrial and residential corridor just minutes from Downtown Houston and the Houston Ship Channel, the property benefits from strong surrounding residential and commercial growth, making it a turnkey investment opportunity with both steady cash flow and long-term upside potential.