4109 Cavalcade Street , #5

    Houston, TX 77026
    • $300,000
    • STATUS: Active
    • ON SITE: 118 days
    • MLS #: 59938866
    UPDATED: 73 min ago
    $300,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,448
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:
    2

    School Information

    Middle School:
    High School:
    School District:

    Description

    INVESTORS! Great property inside the loop! Fully occupied 5plex, all 2 bedrooms making $3,620 a month in rents. Water is the only bill paid by landlord. GREAT OPPORTUNITY FOR CASHFLOW! 3 units rented for $700, and 2 units for $760, which presents an opportunity to raise rents and cash flow even more, or open them to section 8 which pays up to $870 per 2 bedroom! Property is right in front of a metro station, and 5 minutes to downtown. Not flooded by Harvey. Lots of parking. Will sell fast, call to schedule your appointment TODAY

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    © 2018 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed by the MLS or Giorgi Real Estate Group and should be independently verified. Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston Realtors Information Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-06-20T00:15:05.353.
    www.lovethewoodlands.com/homes/80955927

    4109 Cavalcade Street , #5 Houston, TX 77026

    • Price: $300,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 59938866
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    3,448
    SQFT
    $87
    $/SQFT
    1965
    Built
    Neighborhood:
    City Gardens
    County:
    Harris
    Area:
    2
    Elementary School:
    Kashmere Gardens Elementary School
    Middle School:
    Key Middle School
    High School:
    Kashmere High School
    School District:
    Houston
    Property Description
    INVESTORS! Great property inside the loop! Fully occupied 5plex, all 2 bedrooms making $3,620 a month in rents. Water is the only bill paid by landlord. GREAT OPPORTUNITY FOR CASHFLOW! 3 units rented for $700, and 2 units for $760, which presents an opportunity to raise rents and cash flow even more, or open them to section 8 which pays up to $870 per 2 bedroom! Property is right in front of a metro station, and 5 minutes to downtown. Not flooded by Harvey. Lots of parking. Will sell fast, call to schedule your appointment TODAY
    Exterior Features

    Access Manned Gate Acres Description 0 Up To 1/4 Acre Front Door Faces South Parking Desc Paved Area Parking Per Unit More Than Two Rec Facility Exercise Roof Composition Siding Brick & Wood

    Interior Features

    Compactor No Cool System Window Units Countertops Formica Dishwasher No Disposal Yes Floors TileWood Heat System Window Unit Microwave No Range Yes Refrigerator Yes

    Property Features

    Contract Type Commercial Country United States Defects No Known Defects Disclosures No Disclosures Energy Ceiling Fans Expense Operating 6480 Expense Owner Operating InsuranceTaxesWater/Sewer Fee Other No Finance Available Cash SaleConventionalInvestor Income Gross 43440 Income Gross Operating 37620 Income Net Operating 32081 Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No Meters Master Meters Misc Features Walk To Transportation New Construction No Property Sub Type 5 Plus Restrictions None Sq Ft Source Appraisal District Subdivision City Gardens Tax Amount 2707 Tax Rate 2.5264 Tax Year 2017 Unit Features Fenced AreaHandicap Access Utilities CableElectricGasSatellite DishWater Utility District 0 Year Built Src Appraisal District

    Listing courtesy of Sanmore Realty.
    © 2018 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed by the MLS or Giorgi Real Estate Group and should be independently verified. Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston Realtors Information Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-06-20T00:15:05.353.
     
    Giorgi Real Estate Group
    6620 Woodlands Parkway
    The Woodlands TX, 77382