7315 Iwo Jima Rd Houston, TX 77033
This exceptional 2-unit duplex, built and renovated in 2023, presents a lucrative investment opportunity in Houston, Texas. Located at 7315 Iwo Jima Rd, 77033, this property offers unparalleled convenience with its proximity to the Medical Center and Downtown Houston, and easy access to Highways 610 and 288. Each of the two units boasts three spacious bedrooms and two and a half luxurious bathrooms, featuring high-end finishes throughout. The units are designed for comfortable living, with 10-foot ceilings, recessed lighting, sleek hardwood floors, granite countertops, stainless steel appliances, and crown molding. Additional upscale features include cabinet lighting, a pre-wired surround sound system, and a security system. Each unit includes three parking spaces and the property sits on a 6,552 square foot lot. The asking price is $540,000, representing a compelling value in the current market. The property is a Class B multifamily building, offering a strong potential for rental income, with each unit projected to rent for $2300 or more per month. A wrought iron gate enhances both security and curb appeal. This duplex is an ideal investment for both seasoned investors and those looking to house hack. The offer deadline is October 6th, 2024, at 5:00 PM.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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