412 N 8th Street, South Houston (77587)
$560,000
2 
1
3,123
PROPERTY DETAILS
| Address: |
view address South Houston, TX 77587 Map Location |
Features: | Air Conditioning, Multi-level |
|---|---|---|---|
| Bedrooms: | 2 | Bathrooms: | 1 (full: 1) |
| Square Feet: | 3,123 sq.ft. | Year Built: | 1945 |
| Property Type: | Multi Family | Neighborhood: | South Houston Gardens Sec 01 |
| School District: | 41 - Pasadena | County: | Harris |
| Listing Number: | 37502786 | Listed By: | JPAR - The Sears Group |
PROPERTY DESCRIPTION
Investors, seize this opportunity (9% CAP) to acquire a mixed-use property on a spacious 7,190 square foot lot. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 1 bedroom and 1 bathroom unit, is vacant and offers flexibility for new tenants or potential owner-occupancy. The restaurant lease brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. See attached. 600K owner can be your bank 20 down.
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Interior
Cooling & Heating
| Cooling features: | Central Air | Heating features: | Electric, Central |
| Heating: | Yes |
Exterior
Exterior and Lot
| Roof: | Wood |
Property and Lot Details
Schools
| Elementary School: | L F SMITH ELEMENTARY SCHOOL | Middle or Junior School: | SULLIVAN MIDDLE SCHOOL |
| High School: | SOUTH HOUSTON HIGH SCHOOL |
Fee
| Annual Tax: | 4221 |
Building Information
| Year Built: | 1945 | Stories: | 2 |
Construction
| Building Area total: | 3123.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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