WARNING: "TENANT OCCUPIED. DO NOT DISTURB OR SPEAK TO TENANTS. JUST DRIVE BY AND CONTACT OWNER IF YOU ARE INTERESTED" Property is Located at: 7915 ITHACA ST, HOUSTON, TEXAS 77017 "PRICE NON-NEGOTIABLE". Some short term owner financing available with substantial down payment IF YOU QUALIFY. Referral fee available to realtors Front Duplex consists of one large 2-Bedrooms/1-bath unit and one 1-bedoom/1-bath unit. Back 4-plex consists of one 2-Bedroom/1-1/2 bathrooms unit and three 1-bedroom/1-bath units in SE Houston near Gulfgate Mall. Each unit have their own electric and water meters. Tenants pay their own electricity, water, gas, and trash service. Private assigned parking provided for each tenant. Monthly income as of now $5,081. We will be increasing the rent when leases expire. Tenants pay all utilities including trash pick up. Taxes paid for 2023 is $3,989. Insurance paid for 2023 is $5,268. Maintenance expense depends on your skill and experience. We professionally manage all our properties. This information should help to run your numbers. 2-Bedroom rents are $920 to $1,075/month. The four 1-Bedroom rents for 815/month. Because of the demand the rents will be increased as the leases start expiring this year. Market rents are much higher than the rents currently being charged for this area. The population explosion in outlying Houston communities mean these units are in high demand and don't remain vacant long. Appeals specially to those who are tired of living in a large apartment project with annoying tenants because of homey duplex/4-plex set up Income producing in a great location! The property is currently owned and managed by an experienced professional investor. Excellent investment opportunity. Located with easy access to I-45 (Gulf Frwy) and 610 Loop, bus lines with plenty of dining, entertainment and service venues nearby. Give yourself the chance to add a great asset to your portfolio before the next investor does! Don't miss this opportunity. Won't last long!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
