Average square foot calculated using Size range provided by listing agent.
Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually) This home offers exceptional tenant stability, with the current resident occupying the property for eight years. The lease is currently month-to-month, creating immediate flexibility for rent adjustment or repositioning to market rates. Following a fire in 2016, the property underwent a complete rebuild, including new framing, plumbing, electrical, kitchen, flooring, and interior finishes, ensuring modern systems and long-term durability. Condition & Value-Add: The property operates with window-unit HVAC (no central air), representing a straightforward improvement opportunity. Given the below-market rent and upgraded condition, this property is ideally positioned for rent growth and enhanced value through HVAC installation and lease restructuring.Show Description
MLS® Number83952275
Laundry LevelElectric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.1506
Exterior
GarageNo
Approx. Age1956
Basement
Driveway
Garage Spaces
HeatNone
A/CGas
Heating Fuel
Extras
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