Houston 1-story, 10-bed 5603 Pickfair Street-idx
Active

5603 Pickfair StreetHouston, 77026

$535,000
Listed 579 days

Home Summary

Investors wanted! 5 units, 8% cap rate, fully occupied, near downtown Houston.

3,669 sqft
10 beds
1-story
15,000 sqft lot
built in 1960

Property Type: Residential, Detached

Investors wanted! 5-7K in rental income a month, 5 total units. 2 full duplexes (total of 4 units) with 2 bed 1 bath each. This complex is 2 minutes from Highway 59/69 and 610 Loop and 10 minutes from downtown Houston. One fully rebuilt single family home with 2 bed 2 bath in the back. All have updated hot water heaters, furnace and roofs. Each unit has central AC and Heat. Single home has updated flooring , electrical wiring, plumbing and fixtures. Each unit individually gas and electric metered all share water meter. All units have stove and refrigerator. 2 paved parking spaces for each unit. Recently installed fence around property. Duplex units rent for $1000 each/month and all are currently occupied. Single home in the back rents for $1250/month. All units are fully occupied. Total rent for all 5 units $5350. Cap rate over 8% after expenses. No HOA. Don’t miss this great Investor opportunity! Please contact agent for current rental rolls and P&L statements.

MLS #290935552eXp Realty LLC