TX > Houston > Grand Park
Houston, TX 77021,6614 London ST #12
Houston, TX 77021,6614 London ST #12
Houston, TX 77021,6614 London ST #12
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Adalis Bonilla

Adalis Bonilla

+1(817) 703-3192
$1,600,000
Est. payment /mo
2 Beds
1 Bath
8,400 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 8,400 sqft

Price per Sqft $190

Subdivision Grand Park

MLS Listing ID 63246297

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,077

Tax Year 2024

Property Sub-Type Detached

Property Description

CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. The property consists of 3 buildings 6614, 6618 and 6622 London Street. This property features 12 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. 100% OCCUPIED AND FULLY LEASED. Ample off-street parking for each tenant as well as guest parking. The property thrives due to its proximity to U of H, the Medical Center, Professional Sports teams, and easy access to 288 Fwy. This is truly a turnkey opportunity. Its proximity to major downtown employers attracts young professionals, ensuring a steady demand for rental units. The property is located in an opportunity zone, providing potential tax benefits for investors. The property is ideally located near U of H, TSU, the Medical Center, Downtown Houston, Midtown, Montrose, and more, making it highly desirable for tenants. House hack or invest with ease – this is a TURNKEY property! For details on income please request for reports. DRIVE BY ONLY... DO NOT DISTURB TENANTS!

Location

State TX

County Harris

Area 4

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Exterior

Roof Type Composition

Building

Entry Level One

Level or Stories One

New Construction No

Schools

Elementary Schools Peck Elementary School

Middle Schools Cullen Middle School (Houston)

High Schools Yates High School

School District 27 - Houston

Others

Tax ID 057-273-001-0020

Acceptable Financing Cash, Conventional, Investor Financing

Listing Terms Cash, Conventional, Investor Financing

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Houston Realtors Information Service / HAR MLS
Listed by eXp Realty LLC Jay Thomas

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agent

Adalis Bonilla

+1(817) 703-3192

Agent | License ID: 0736926

Agent License ID: 0736926

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6614 London ST #12