6403 AVENUE C, HOUSTON, TX 77011 | Four Plex Assigned

  • $170,000
  • 7 beds
  • 4 baths
  • 1,700 sqft

6403 AVENUE C, HOUSTON, TX 77011

Asking: $175k (Reduced)

3 Units are (2 beds and 1 bath) & 1 Unit is (1 bed and 1 bath)

Property Income:
The Bottom unit, the seller pays for utilities.
The upstairs tenants pay for utilities
Seller pays $1,800 a year for utilities.

Tax: $2,500 a year

Current rent:
The three units (2 beds 1 bath) rents for $550 per unit.
The one unit (1 bed 1 bath) rents for $450.

Rent is month to month
Total Expenses: $4,300 a year
Gross Income: $28,800 a year
Net Operating Income: $24,500
Cap Rate: 14%

7 Beds | 4 Baths
Bldg SF: 1,700
Lot SF: 2,063
Year Built: 1945

Price:
$170,000
Address:
6403 AVENUE C.
HOUSTON, TX 77011
Square Feet:
1,700
Lot Size:
2,063
Bedrooms:
7
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1945
MLS #:
N/A - Off Market

Call 832-501-0255 for more details

Property Location