South Houston 2-story, 2-bed 412 N 8th Street-idx
Off Market

412 N 8th StreetSouth Houston, 77587

Home Summary

Investors, seize this opportunity to acquire a versatile mixed-use property with rental units and a restaurant lease.

3,123 sqft
2 beds
2-story
7,190 sqft lot
built in 1945

Property Type: Residential, Detached

Major Market:
South Houston
Local Market:
South Houston
School District:
Pasadena ISD

School Zones

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.

MLS #294831115JPAR - The Sears Group