FOR SALE

412 8th

Harris, South Houston Gardens Sec 01, South Houston, TX, US

Asking

$550,000

BTC

5.621

ETH

175.01

Beds
2
Baths
1
Home Size
3,123 sq. ft.
Year Built
1945
Investors, seize this opportunity to acquire a mixed-use property on a spacious 7,190 square foot lot with 5,075$ monthly income. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease.

LOADING

Location

Market Area
Harris
Neighborhood
South Houston Gardens Sec 01

Agent

Kate Myhan

+1 310 910 1722

Contact Email

[email protected]