4613 Cavalcade St Unit 10, Houston, TX 77026
- $999,900
- 7,680
- SqFt
- List Price
- $999,900
- Status
- ACTIVE
- MLS#
- 55200975
- Days on Market
- 0
- Unit
- 10
- Year Built
- 1973
- Living Area
- 7,680
- Lot Size
- 15,000
- Lot Size Source
- Appraiser
- Subdivision
- Kashmere Gardens
- Region
- 2
- Market Area
- Northside
- County
- Harris
Property Description
Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history. Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations. Investment Highlights: Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS). 100% occupied. Financials and rent roll available upon request.
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Additional Information
- Finance Available
- Cash, Conventional, Investor Financing
- Taxes
- $13,854
- Neighborhood
- Northside
- Interior Features
- Laminate Counters
- Heating
- Central, Natural Gas
- Cooling
- Central Air, Electric
- Stories
- 2
- Appliances
- Dishwasher
- Roof
- Composition
- School District
- Houston
- Elementary School
- Kashmere Gardens Elementary School
- Middle School
- Key Middle School
- High School
- Kashmere High School
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Listing courtesy of Sarah Virani.