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Great investment opportunity with this 3 unit building. Income generating with 1 unit currently occupied by long term tenant (12 yrs). 2nd unit was recently renovated but has not been marketed since completion of renovations, offering immediate lease-up potential. Recently completed the addition of a 3rd unit, also ready to market for additional lease-up potential. Renovated unit improvements include new appliances, bathroom flooring, paint, etc. Potential cap rate for fully leased at market rates is 6.7%. Located 1 block from Washington County County Line bus route. There is a 2nd structure in the rear of the parcel, which is uninhabitable.
| DAYS ON MARKET | 4 | LAST UPDATED | 10/25/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Houston |
| COUNTY | Washington | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Houston |
|---|---|
| LOT | 9583 sq ft |
| LOT DIMENSIONS | 0.22 |
| PARKING | Off Street |
| TAXES | 3087 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| ZONING | R |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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