6614 London Street #12, Houston, Texas 77021
$1,250,997
2 Beds
1 Full Bath
Multi-Family
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About 6614 London Street #12
CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. The property consists of 3 buildings 6614, 6618 and 6622 London Street. This property features 12 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. 100% OCCUPIED AND FULLY LEASED. Ample off-street parking for each tenant as well as guest parking. The property thrives due to its proximity to U of H, the Medical Center, Professional Sports teams, and easy access to 288 Fwy. This is truly a turnkey opportunity. Its proximity to major downtown employers attracts young professionals, ensuring a steady demand for rental units. The property is located in an opportunity zone, providing potential tax benefits for investors. The property is ideally located near U of H, TSU, the Medical Center, Downtown Houston, Midtown, Montrose, and more, making it highly desirable for tenants. House hack or invest with ease – this is a TURNKEY property! For details on income please request for reports. DRIVE BY ONLY... DO NOT DISTURB TENANTS.
Highlights
6614 London Street #12
$1,250,997
Multi-Family
8,400 Home Sq Ft
Houston 77021
2 Beds
1 Full Bath
15,000 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
057-273-001-0020
Tax Rate
2.0924%
Taxes w/o Exemption/Yr
$5,077 / 2024
Maint Fee
No
Interior Features
Fireplace
No
Heating
Electric
Cooling
Electric
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
eXp Realty LLC
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Peck Elem | Elementary | 6 of 10 |
| Cullen Middle (Houston) | Middle | 4 of 10 |
| Yates High | High | 4 of 10 |
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.