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Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%
| DAYS ON MARKET | 2 | LAST UPDATED | 10/25/2025 |
|---|---|---|---|
| YEAR BUILT | 1917 | COMMUNITY | Houston |
| COUNTY | Washington | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Houston |
|---|---|
| LOT | 6752 sq ft |
| LOT DIMENSIONS | 0.155 |
| TAXES | 4082 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| ZONING | C |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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