412 N 8th Street South Houston, TX 77587
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Investors, seize this opportunity (9% CAP) to acquire a mixed-use property on a spacious 7,190 square foot lot. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 1 bedroom and 1 bathroom unit, is vacant and offers flexibility for new tenants or potential owner-occupancy. The restaurant lease brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. See attached. 600K owner can be your bank 20 down.
a month ago | Listing first seen online | |
2 months ago | Listing updated with changes from the MLS® |
IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
Data provided by HAR.com © 2024. All information provided should be independently verified.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.