9018 Grannis ST #4 Active

Houston,TX 77075

$ 499995

2 Beds

0 Bath

3468 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,468 sqft

Price per Sqft $144

Subdivision Easthaven

MLS Listing ID 52836588

Bedrooms 2

Year Built 1984

Annual Tax Amount $10,962

Tax Year 2024

Lot Size 6,200 Sqft

Property Sub-Type Fourplex

Property Description

Excellent turnkey investment opportunity offering an 8% cap rate! This fully remodeled and fully occupied fourplex features four spacious 2-bedroom, 1-bath units, each equipped with central air and heat, a generous kitchen with serving bar, electric stove, refrigerator, large pantry, and washer/dryer connections. Every unit also includes a private patio and individual storage space. Tenants enjoy off-street parking with ample guest parking as well. Each unit is separately metered for electricity, making management simple. With current market rents at $1,200 per unit, this property has the potential to gross $4,800 per month. Ideally located on a quiet street with easy access to Hobby Airport, Downtown Houston, major highways, the Medical Center, and more. Do not disturb tenants. Drive-by only!

Location

State TX

County Harris

Area Hobby Area

Interior

Heating Central Electric

Cooling Central Electric

Exterior

Utilities Available Electric,Water

Roof Type Composition

Building

Story 2

New Construction No

Schools

Elementary Schools Jessup Elementary School

Middle Schools Schneider Middle School

High Schools South Houston High School

School District 41 - Pasadena

Others

Acceptable Financing Cash Sale,Conventional,FHA,Investor,Owner Financing

Listing Terms Cash Sale,Conventional,FHA,Investor,Owner Financing

Special Listing Condition No Disclosures

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