412 N 8th Street, South Houston, TX 77587

  • $545,000
  • $550,000
412 N 8th Street, South Houston, TX 77587
Active

412 N 8th Street, South Houston, TX 77587

412 N 8th Street, South Houston, TX 77587
  • $545,000
  • $550,000

Description

Investors, seize this opportunity to acquire a mixed-use property on a spacious 7,190 square foot lot with 5,075$ monthly income. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property’s value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease.

  • Address 412 N 8th Street
  • City South Houston
  • State/county TX
  • Zip/Postal Code 77587
  • Country US

Details

Updated on December 24, 2024 at 8:23 am
  • Property ID: 29448437
  • Price: $545,000
  • Property Size: 3123 m²
  • Bedrooms: 2
  • Bathroom: 1
  • Garage Size: x x
  • Year Built: 1945
  • Property Type: Detached, Residential Income
  • Property Status: Active
  • MLS#: 29448437

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