1855 Portsmouth Street, Houston, Texas 77098

$950,000
8
BD
4,763
SqFt
List Price
$950,000
Status
ACTIVE
MLS#
6808895
Days on Market
7
Year Built
1960
Bedrooms
8
Living Area
4,763
Lot Size
6,250
Lot Size Source
Appraisal District
Subdivision
Richmond Place
Region
16
Market Area
Montrose
County
Harris

Property Description

Incredible opportunity to own a 6 unit apartment complex in the popular Upper Kirby Area. Four 1 bedroom units and Two 2 bedroom two story units. These units always lease out quickly and currently 100% occupied with one year term on all leases. Great professional tenants easy to deal with. Each unit is separately metered with central A/C and heat for each. There is a central laundry facility on site for the residents to use. Please call or email for any additional information. One bedroom units are rented for $950-$1050 and the two bedroom units are collecting around $1400 each. 2018 Actual Income - $68,975. Projected Income - $75,756. Please do not disturb tenants, drive by only.

Additional Information

Taxes
$14,652
Tax Rate
2.5264
Tax Year
2018
Neighborhood
Other - 77098
Heating
Central Electric, Central Gas
Cooling
Central Electric
Floor
Carpet, Laminate, Tile, Wood
Stories
2
Utilities
Cable, Electric, Gas, Water
Lot Description
Other
Exterior
Brick & Wood
Roof
Composition
Parking Description
Carport Parking
Sqft Source
Appraisal District
Energy
Ceiling Fans, Digital Program Thermostat, Energy Star Appliances, High-Efficiency HVAC
School District
Houston
Elementary School
Poe Elementary School
Middle School
Lanier Middle School
High School
Lamar High School (Houston)
Legal
LT 2 BLK 4 RICHMOND PLACE
Section Number
0

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Gary Ismail Fine Properties.