6614 London Street #12, Houston, Texas 77021

$1,250,997

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

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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

Listing Price $1,250,997
City Houston
Zip Code 77021
Subdivision Grand Park
Listing Status Active
Baths 1 Full Bath(s)
Stories 1
Year Built 1950 / Appraisal District
Lot Size 15,000 / Other
MLS # 63246297 (HAR)
Days on Market 286 days
Total Days on Market 286 days
List Price / Sq Ft $148.93
Address 6614 London Street #12
State Texas
County Harris
Property Type Multi-Family
Bedrooms 2
Garage 0
Building Sq Ft 8,400
Market Area University Area
Area 4

Taxes & Fees

Tax ID

057-273-001-0020

Tax Rate

2.0924%

Taxes w/o Exemption/Yr

$5,077 / 2024

Maint Fee

No

Click here to read more about taxes & exemptions

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
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

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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