REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Upscale Real Estate Services

info@upscalerealestateservices.com +1(832) 786-9201

$999,900

Est. payment - /mo

7,680 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,680 sqft

Price per Sqft $130

Subdivision Kashmere Gardens

MLS Listing ID 55200975

HOA Y/N No

Year Built 1973

Annual Tax Amount $13,854

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history.
Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations.
Investment Highlights:
Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS).
100% occupied.

Location

State TX

County Harris

Area Northside

Interior

Interior Features Laminate Counters

Heating Central, Gas

Cooling Central Air, Electric

Flooring Wood

Fireplace No

Appliance Dishwasher

Exterior

Parking Features Paved

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools Kashmere Gardens Elementary School

Middle Schools Key Middle School

High Schools Kashmere High School

School District 27 - Houston

Others

Tax ID 065-122-012-0182

Acceptable Financing Cash, Conventional, Investor Financing

Listing Terms Cash, Conventional, Investor Financing

Read Less Info

Houston Realtors Information Service / HAR MLS

Listed by Sarah Virani Sarah Virani

Nearby Locations

"At Upscale Real Estate Services, we are committed to guiding our clients in the Greater Houston area towards successful real estate investments and ownership. Our focus is on fostering generational wealth with personalized, expert advice. As a woman and minority broker-owned firm, we ensure each client achieves their real estate ambitions with confidence, striving to be their trusted advisors in building lasting legacies."

+1(832) 786-9201

info@upscalerealestateservices.com

10707 Corporate Dr, Stafford, TX 77477, USA

GET MORE INFORMATION

QUICK SEARCH

4613 Cavalcade ST #10 Houston, TX 77026