$770,000
For Sale

3938 King Street

Houston, TX 77026
900 sqft | 2 beds | 1 bath | #74087756
Browse 14 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth.
Property Highlights:
A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes.
Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston.
Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer.
Individual Utilities: Each unit is individually metered for electricity and water.
Ample Land: Enough space to build 3 additional units, expanding income potential further.

  • Property Details
      • Elementary SchoolKASHMERE GARDENS ELEMENTARY SCHOOL
      • High SchoolKASHMERE HIGH SCHOOL
      • Property SubtypeMulti Family, 5 Plus
      • Middle SchoolKey Middle School
      • SubdivisionWilshire Place
      • Property TypeMulti-Family
      • School District27 - Houston
      • MLS #74087756
      • MLS #74087756
      • CountyHarris
      • Cost770000
      • Year Built1948
      • Square Feet900
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Phillip BalesReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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