9018 Grannis ST #4 Active

Houston,TX 77075

$ 439992

2 Beds

0 Bath

3468 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,468 sqft

Price per Sqft $126

Subdivision Easthaven

MLS Listing ID 52836588

Style Fourplex

Bedrooms 2

Year Built 1984

Annual Tax Amount $10,962

Tax Year 2024

Property Sub-Type Quadruplex

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 Air,Electric

Exterior

Utilities Available Electricity Available,Water Available

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,Conventional,FHA,Investor Financing,Owner May Carry

Listing Terms Cash,Conventional,FHA,Investor Financing,Owner May Carry

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