$150000 Cash Flow 4-plex, Occupied, 10.4% Cap, $1,900/mo Rent

Ad Posted: January 15, 2008, 11:11 PM Report as: Prohibited Spam / Scam Miscategorized

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Johnny Schiro | Icon Realty Group | johnny@houstonicon.com | 281.627.2486
119 Lazy Ln, Sealy, TX
Occupied 4-unit High Cash Flow property in Far West Houston (Sealy). All units 2/2 @ 900sqft each. $1,900/mo Gross Rent. No HOA, Low Taxes.

2 Bdrm Multi-Family, 4 units offered at $150,000
Year Built 1984
Sq Footage 3,600
Bedrooms 2
Bathrooms 1 full, 0 partial
Floors 2
Parking 4+ Uncovered spaces
Lot Size Unspecified
HOA/Maint $0 per month


DESCRIPTION

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10.4% Cap Rate: Excellent cash-flow property, 100% occupied, market rent $475/unit, owner pays only water & trash (approx. $150/mo). All units 2-bdrm, 1-bath. (3) recent AC units. No HOA. Taxes $2,800/yr.