$1,600,000

6614 London Street 12, Houston, TX 77021

  • 2 beds |
  • 1 bath |
  • 8,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $190/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Date Added:
March 7, 2025 at 06:00AM
Listing Office:
eXp Realty LLC : 888-519-7431
Listing Agent:
Jay Thomas : 1+832-889-5607
MLS ID:
63246297
  • A/C: Electric
  • Heating: Electric

This listing courtesy of Jay Thomas, eXp Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Foster Elementary School

3919 Ward St, Houston, TX, 77021

Grades EE-5

0.54 miles away

C

Cullen Middle School

6900 Scott St, Houston, TX, 77021

Grades 6-8

0.73 miles away

Y

Yates High School

3650 Alabama St, Houston, TX, 77004

Grades 9-12

2.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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