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
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. Financials and rent roll available upon request.
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
Nearby Locations
Broker License ID: 556491
+1(832) 298-0151 | marisol@ameristaterealty.com