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5603 Pickfair Street

Houston, TX 77026
  • $535,000
  • STATUS: Active
  • ID#: 18673200
UPDATED: 191 min ago
$535,000
  • 10
    BEDS
  • 0.34
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,669
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Middle School:
High School:
School District:

Description

Investors wanted! 5-7K in rental income a month, 5 total units. 2 full duplexes (total of 4 units) with 2 bed 1 bath each. This complex is 2 minutes from Highway 59/69 and 610 Loop and 10 minutes from downtown Houston. One fully rebuilt single family home with 2 bed 2 bath in the back. All have updated hot water heaters, furnace and roofs. Each unit has central AC and Heat. Single home has updated flooring , electrical wiring, plumbing and fixtures. Each unit individually gas and electric metered all share water meter. All units have stove and refrigerator. 2 paved parking spaces for each unit. Recently installed fence around property. Duplex units rent for $1000 each/month and all are currently occupied. Single home in the back rents for $1250/month. All units are fully occupied. Total rent for all 5 units $5350. Cap rate over 8% after expenses. No HOA. Dont miss this great Investor opportunity! Please contact agent for current rental rolls and P&L statements.

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© 2024 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-05-29T10:12:55.37.
www.armstrongpropertiestx.com/homes/150216585
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5603 Pickfair Street Houston, TX 77026

  • Price: $535,000
  • Status: Active
  • On Site: Days
  • Updated: 191 min ago
  • ID#: 18673200
10
Beds
5
Baths
0
½ Baths
0.34
Acres
3,669
SQFT
$146
$/SQFT
1960
Built
Neighborhood:
Kashmere Gardens Park
County:
Harris
Area:
2 - East
Elementary School:
Kashmere Gardens Elementary School
Middle School:
Key Middle School
High School:
Kashmere High School
School District:
Houston
Property Description
Investors wanted! 5-7K in rental income a month, 5 total units. 2 full duplexes (total of 4 units) with 2 bed 1 bath each. This complex is 2 minutes from Highway 59/69 and 610 Loop and 10 minutes from downtown Houston. One fully rebuilt single family home with 2 bed 2 bath in the back. All have updated hot water heaters, furnace and roofs. Each unit has central AC and Heat. Single home has updated flooring , electrical wiring, plumbing and fixtures. Each unit individually gas and electric metered all share water meter. All units have stove and refrigerator. 2 paved parking spaces for each unit. Recently installed fence around property. Duplex units rent for $1000 each/month and all are currently occupied. Single home in the back rents for $1250/month. All units are fully occupied. Total rent for all 5 units $5350. Cap rate over 8% after expenses. No HOA. Dont miss this great Investor opportunity! Please contact agent for current rental rolls and P&L statements.
Exterior Features

Parking Desc Paved Area Parking Per Unit Two Roof Composition Siding BrickWood

Interior Features

Cool System Central Electric Countertops Granite Floors LaminateTileVinyl Plank Heat System Central Gas

Property Features

Contract Type 1 - 4 Family Residential Country United States Disclosures Other DisclosuresSellers Disclosure Energy Ceiling FansDigital Program ThermostatHVAC>13 SEERInsulation - OtherNorth/South Exposure Expense Operating 27000 Expense Owner Operating InsuranceMaintenance/RepairTaxesTrash CollectionWater/Sewer Fee Other No Finance Available Cash SaleConventional Income Gross 63000 Income Gross Operating 63000 Income Net Operating 36000 Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No New Construction No Property Sub Type Multiple Detached Dwellings Restrictions None Sq Ft Source Appraisal District Tax Amount 6353 Tax Rate 2.2019 Tax Year 2022 Utilities ElectricGasWater Year Built Src Appraisal District

Listing information © 2024 Houston Association of REALTORS® MLS.
Listing courtesy of eXp Realty LLC: .



© 2024 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-05-29T10:12:55.37.
 
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