Description
Purchase as an investment, orlive on one side and lease the other.Large 3-2-3, 1,686 sf units; large closets and bedrooms. Wood burning fireplace; cathedral ceiling; sunken living room. 100% leased. Purchase price is only $163/sf. Increasing rentals-2021 rents were $1,595 per month; currently $1,695 and $1,795. Recent Comps- 2222 Peppermill- 3/2.5- 1,328sf, asking $2,000/mo; 2519 Peppermill- 3/2- 1,122sf, asking $2,000/moEasy to manage- all utilities are separately metered and paid by tenants; Tenants are responsible for lawn maintenance.Located in close-in Spring Branch- halfway between the Belt and the Loop.Composition roofs were replaced in 2016; Built up roofs were resealed with 100% Acrylic Dura-Brite Elastomeric Roof Coating ( 10 year warranty) in 2022. 2233-2235 McKean can be purchased separately or can be combined with 9001-9003 Carousel to make 4 units, total.All remodeled with granite counter tops and engineered wood flooring.
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3BEDS
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0.25ACRES
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2BATHS
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01/2 BATHS
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3,372SQFT
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$163$/SQFT
School Information
Description
Purchase as an investment, orlive on one side and lease the other.Large 3-2-3, 1,686 sf units; large closets and bedrooms. Wood burning fireplace; cathedral ceiling; sunken living room. 100% leased. Purchase price is only $163/sf. Increasing rentals-2021 rents were $1,595 per month; currently $1,695 and $1,795. Recent Comps- 2222 Peppermill- 3/2.5- 1,328sf, asking $2,000/mo; 2519 Peppermill- 3/2- 1,122sf, asking $2,000/moEasy to manage- all utilities are separately metered and paid by tenants; Tenants are responsible for lawn maintenance.Located in close-in Spring Branch- halfway between the Belt and the Loop.Composition roofs were replaced in 2016; Built up roofs were resealed with 100% Acrylic Dura-Brite Elastomeric Roof Coating ( 10 year warranty) in 2022. 2233-2235 McKean can be purchased separately or can be combined with 9001-9003 Carousel to make 4 units, total.All remodeled with granite counter tops and engineered wood flooring.