1. Texas
2. Houston
3. 8814 Manus Street 1-11

8814 Manus Street 1-11, Houston, TX 77093

Property Description

Priced at 1% rental rule on existing rents (not projected!) Great income-producing 11-unit multifamily Deal. New Roof, New HVAC, updated interior. Upside includes: Pet fees, rent increase, laundromat onsite, and implementing RUBS on water since there is no separate water meter. Unit #5 is vacant and available for showings with Proof of Funds. Unit 5 is representative of the overall condition of other units. All tenants are on annual leases, with the average tenant in place for several years and intending to remain with new ownership. Financial details are available in the MLS attachment. Monthly operating expenses for all eleven units include Approx. monthly expenses: $780 water, $490 trash, $200 landscaping, $100 pest control, $1,148 insurance. No HOA, no short-term rental restriction, and no deed restriction. Option fee is $50 per day, with a max of 7 days. Low-ball offers will not receive a response. No creative deal or “Subject To”. Please send offers to Wale@NetworthBuilders.com

Listing Status:

Active

Date Added:

September 8, 2025 at 05:00AM

Listing Office:

LPT Realty, LLC : 877-366-2213

Listing Agent:

Adewale Lawal : 1+832-776-9582

MLS ID:

64684728

Interior

• Appliances: RangeMicrowaveDishwasherRefrigerator
• Flooring: LaminateTileHardwood
• A/C: Ceiling Fan(s)Electric
• Heating: ElectricNatural Gas
• Disability Feature: Accessible BedroomAccessible KitchenHandicap Access
• Eco/Green Feature: Insulation

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Adewale Lawal, LPT Realty, LLC