$500,000
NAL Estimated Property Value2415 Mcgowen Street 1, Houston, TX, 77004
Highlights
Interior
About this property
This TURNKEY quadplex boasts a fully-occupied community with tenants who are current and properly maintain the units as if it were there own. Entire property was a gut-job and is up-to-code with a recent occupancy inspection being passed in 2021. This profitable property boasts an NOI of $36,368 per year when fully occupied. Composed of four identical 2/1s. Limited maintenance costs due to all of the code upgrades. The possibilities for different investment strategies are endless. Tenants are open to renewing along with understanding of the possibility of moving out. 2 with tenants on leases, with two other being marketed for lease. PLEASE REVIEW DOCS FOR LEASE DETAILS.
