3938 King ST new

Houston,TX 77026

$ 769995

2 Beds

1 Bath

6300 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Plus

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $122

Subdivision Wilshire Place

MLS Listing ID 52796592

Bedrooms 2

Full Baths 1

Year Built 1948

Property Sub-Type 5 Plus

Property Description

Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth.

Property Highlights:
A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes.
Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston.
Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer.
Individual Utilities: Each unit is individually metered for electricity and water.
Ample Land: Enough space to build 3 additional units, expanding income potential further.

Location

State TX

County Harris

Area Northside

Interior

Heating Central Electric

Cooling Central Electric

Exterior

Roof Type Composition

Building

Story 1

New Construction No

Schools

Elementary Schools Kashmere Gardens Elementary School

Middle Schools Key Middle School

High Schools Kashmere High School

School District 27 - Houston

Others

Special Listing Condition No Disclosures,Other Disclosures

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