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Cedar Frame Team

info@cedarframe.com +1(979) 922-5544

$ 1,600,000

Est. payment -/mo

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Active

6614 London ST #12 Houston, TX 77021

2 Beds

1 Bath

8,400 SqFt

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

Story 1

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

Houston Realtors Information Service / HAR MLS

Listed by eXp Realty LLC Jay Thomas

Cedar Frame Team

Broker | License ID: 629772

+1(979) 922-5544

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Cedar Frame Team

6614 London ST #12 Houston, TX 77021

Key Details

Location

Interior

Exterior

Building

Schools

Others

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6614 London ST #12