|
Broadmoor
Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market. (PROPERTY STILL UNDER RENOVATION!!) LT 8 BLK 17 BROADMOOR
Directions: From the intersection of Gulf Freeway and Cullen BLVD, travel East on Gulf Freeway Access road for 1 Mile and then make a u-turn under Gulf Freeway. Make the first right turn on Lombardy and then another Left at the Y. Travel .07 Miles and the properties will be on your left with a driveway in between the duplexes. The 4-plexes sit directly behind the duplexes and can be accessed from the Gulf Freeway side of the street.
HARRIS County.
Courtesy: LPT Realty, LLC
MLS # 18483318
|
