Crosby 1-story, 4-bed 5311 2nd Street-idx
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5311 2nd StreetCrosby, 77532

$370,000
Listed 401 days

Home Summary

Exceptional investment opportunity: Two beautiful homes on large lots with current tenants.

2,609 sqft
4 beds
1-story
14,200 sqft lot
built in 1953

Property Type: Residential, Detached

Exceptional Investment Opportunity: Two Beautiful Homes on a total of 14,200 sq.ft Lots. BOTH FRONT & BACK HOMES HAVE CURRENT TENANTS / Front Home is a fully renovated gem! 3 bedrooms & 1 bathroom w/total living space of 1,134 square feet. Plumbing from Front Home to City recently replaced. Front Home Leased 4/18/23 at 1,650 p/mo on a 12 month lease. Back Home is a brand-new, 2023 Clayton Homes (Marvel 4) with 4 bedrooms & 2 bathrooms w/total living space of 1,475 square feet. Back Home Leased 3/29/24 at 1,750 p/mo on a 12 month lease. Rent Rolls w/Financials updated 7/1/24 available upon request for thorough analysis creating an 8.81% CAP Rate. This is an investment opportunity to start investing in or grow your portfolio w/Gross Rents of 3400 p/mo income. *Additional parking w/crushed asphalt & gravel has been added between front & back home that are not shown in the MLS pics. Also on the side of Back home has been cleared for more parking. Contact us today for more info and showings

Granite Counters

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Lot & Location: Cleared, Subdivision

MLS #295394647eXp Realty LLC