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Apartment Building For Sale By Owner
6-Unit Apartment Complex Offers Excellent Discounted Investment Opportunity
2917 Renshaw Street, Houston, Texas 77023 United States
Description
Priced to MOVE by a motivated seller, this multifamily offering is a great opportunity to invest in a stable, cash-flowing property.
With an asking price of $165,000 – less than that of many single family homes – this property is an incredible chance for significant upside potential. It has a cap rate of 10 percent. You could collect $3,150 per month or more on this discounted, 6-unit apartment complex in Houston's Gulfgate-Pine Valley neighborhood.
For IMMEDIATE DELIVERY of the Property Package:
Option 1: Text your name & email to 281-377-1233, and a packet will be emailed within 10 minutes.
Option 2: Dial the voice box at 281-377-1233, and speak ONLY your name & email – a packet will be emailed within 10 minutes.
Not only will you have 6 income-producing units, you'll have the stability of 100-percent occupancy (and self-management). For a low down payment, you could start seeing dividends soon from this 2-story 4-plex with 2 additional garage units. The property has a nice mix of 2-bedroom, 1-bath (4) and 1-bedroom, 1-bath (2) units, along with laundry facilities.
Price: | $165,000 |
Property Sub-Type: | Apartment Building |
Cap Rate: | 10 % |
Total Building Size: | 2842 SF |
Total Lot Size : | 7492 SF |
Year Built : | 1952 |
Occupancy: | 100 % |
Listing ID: | 3149 |
Map of: 2917 Renshaw Street, Houston, Texas 77023 United States