3938 King Street, Houston, Texas 77026

$765,000

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

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About 3938 King Street

Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth.

Property Highlights:
A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes.
Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston.
Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer.
Individual Utilities: Each unit is individually metered for electricity and water.
Ample Land: Enough space to build 3 additional units, expanding income potential further.

Highlights

3938 King Street

$765,000

Multi-Family

6,300 Home Sq Ft

Houston 77026

2 Beds

1 Full Bath

General Description

Listing Price $765,000
City Houston
Zip Code 77026
Subdivision Wilshire Place
Listing Status Active
Baths 1 Full Bath(s)
Stories 1
Year Built 1948 / Appraisal District
MLS # 52796592 (HAR)
Days on Market 80 days
Total Days on Market 98 days
List Price / Sq Ft $121.43
Address 3938 King Street
State Texas
County Harris
Property Type Multi-Family
Bedrooms 2
Garage 0
Building Sq Ft 6,300
Market Area Northside Area
Area 2

Taxes & Fees

Tax ID

NA

Tax Rate

Unknown

Taxes w/o Exemption/Yr

Unknown

Maint Fee

No

Click here to read more about taxes & exemptions

Room/Lot Size

Interior Features

Fireplace

No

Heating

Central Electric

Cooling

Central Electric

Dishwasher

Yes

Range

Yes

Disposal

Yes

Microwave

Yes

Loft

Maybe

Exterior Features

Roof

Composition

Private Pool

Maybe

Area Pool

Maybe

New Construction

No

Listing Firm

Schools (HOUSTO - 27 - Houston)

Name Grade Great School Ranking
Kashmere Gardens Elem Elementary 6 of 10
Key Middle Middle 5 of 10
Kashmere High High 3 of 10
Read more about Houston's Top Schools

School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.

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Paige Martin, Broker Associate, Keller Williams Memorial 1220 Augusta Dr, 300, Houston, TX 77057

All information is subject to change and should be independently verified.

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Disclaimer

Statistics and data is from the most recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate