Location, Location, Location! This Multifamily 4-plex located in the much desired Idylwood Subdivision. Quiet & well maintained, recent roof, water heaters & window units. Spacious 4 x 1 Bedroom/1 Bath (approx 780 sq/ft ea) Approx Dimensions for all units: Living Room 17x11, Dining 11x9, Kitchen 14x7, Bedroom 14x13. Private Parking provided in back. Separate meters for electric & gas, landlord pays water. All units occupied, turnover is rare & most tenants are long term. 90-95% occupancy for last 11 yrs. Property currently generates a monthly gross income of $3500, w/room to raise rents. Easy access to 1-45, I-59, I-10 & 610. Walking distance to Metro bus lines, close to UH & Downtown. This multi-family unit is Perfect for the Investor that wants to be part of this exciting & growing East End Revitalized Area. Units can be seen when an offer is accepted. Option Period will not begin until buyer views units & accepts offer to move forward.
Listing courtesy of Realty Associates.