6614 London St, Unit 12 Houston, TX 77021
Property Features for 6614 London St
General Information
- Lot size
- 0.34 Acres
Building Details
- Year built
- 1950
Source:
Elliman
Listing Agent: Jay Thomas
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Investment Opportunity
This property, located on London Street, consists of three buildings: 6614, 6618, and 6622. It features twelve units, each with two bedrooms and one bathroom. The property is currently 100% occupied and fully leased. Ample off-street parking is available for tenants, including guest parking. Its location provides easy access to 288 Freeway and proximity to the University of Houston, the Medical Center, and professional sports teams. The property's location near major downtown employers attracts young professionals, ensuring consistent demand for rental units. The property is located in an opportunity zone, potentially offering tax benefits for investors. It is also ideally located near Texas Southern University, Downtown Houston, Midtown, and Montrose, making it desirable for tenants. This is a turnkey investment opportunity.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.3519039
- Latitude
- 29.6919966
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turnkey multifamily property near U of H, fully leased.
Where is this apartment building located?
The property is located at 6614 London St, Unit 12 Houston, TX.
What is the asking price?
The asking price for this property is $1,250,997.
What are key features of this property?
This property features: - 8% Cap Rate: High-yield investment opportunity.; - 100% Occupied and Fully Leased: Immediate income generation.; - 12 Units (2 Bed/1 Bath): Excellent marketability and tenant appeal.
