5603 Pickfair StreetHouston, 77026
Home Summary
Investors' dream: five rental units, updated features, prime Houston location, strong income potential!
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.
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Spacious 0.94-acre lot in Houston, conveniently located near major highways and downtown.
