Description
This is a rare find for a HIGH value HIGH rent rate 4 plex in 77004 surrounded by new builds. It has already been partially rehabbed, 2 units are almost complete, 2 units need full rehab except PEX plumbing, insulation and windows. This home is just minutes away from Texas Southern University & University of Houston which makes it ideal for student housing! Market rent is $1,000 per month, per unit. Alternatively Fair Market Rent for housing for an efficiency pays $1,200 a month, and for a 1 bedroom pays up to $1,260 a month in 77004! That is a potential of $5,040 monthly or $60,480 yearly in rental income!
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4BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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1,550SQFT
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$223$/SQFT
School Information
Description
This is a rare find for a HIGH value HIGH rent rate 4 plex in 77004 surrounded by new builds. It has already been partially rehabbed, 2 units are almost complete, 2 units need full rehab except PEX plumbing, insulation and windows. This home is just minutes away from Texas Southern University & University of Houston which makes it ideal for student housing! Market rent is $1,000 per month, per unit. Alternatively Fair Market Rent for housing for an efficiency pays $1,200 a month, and for a 1 bedroom pays up to $1,260 a month in 77004! That is a potential of $5,040 monthly or $60,480 yearly in rental income!