- 2 beds
- 1 bath
- 8,400 sqft
- 15,000 sqft lot
- $190 per sqft
- 1950 build
- – on site
CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. The property consists of 3 buildings 6614, 6618 and 6622 London Street. This property features 12 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. 100% OCCUPIED AND FULLY LEASED. Ample off-street parking for each tenant as well as guest parking. The property thrives due to its proximity to U of H, the Medical Center, Professional Sports teams, and easy access to 288 Fwy. This is truly a turnkey opportunity. Its proximity to major downtown employers attracts young professionals, ensuring a steady demand for rental units. The property is located in an opportunity zone, providing potential tax benefits for investors. The property is ideally located near U of H, TSU, the Medical Center, Downtown Houston, Midtown, Montrose, and more, making it highly desirable for tenants. House hack or invest with ease – this is a TURNKEY property! For details on income please request for reports. DRIVE BY ONLY... DO NOT DISTURB TENANTS!
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Last updated Jun 16, 2025
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MLS# 63246297 —
The Building
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Year Built:1950
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Year Built Source:Appraisal District
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New Construction:false
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Unit Number:12
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Number Of Units Total:1
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Roof:Composition
Interior
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Living Area:8400
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Living Area Units:Square Feet
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Stories:1
Financial & Terms
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Lease Term:1 Year,6 Month,Month To Month
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Listing Terms:Cash
Location
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Longitude:-95.351802
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Latitude:29.692102
The Property
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Property Type:Residential Income
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Property Sub Type:Multi Family,Multiple Detached Dwellings
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Parcel Number:0572730010020
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Lot Size Area:0.3444
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Lot Size Acres:0.3444
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Lot Size Square Feet:15,000 Sqft
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Lot Size Units:Acres
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Lot Size Source:Other
Listing Agent
- Contact info:
- Agent phone:
- 1(832) 889-5607
- Office phone:
- (888) 519-7431
Taxes
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Tax Year:2024
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Tax Annual Amount:$5,077
Beds
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Bedrooms Total:2
Baths
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Bathrooms Full:1
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Bathrooms Total:1
Heating & Cooling
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Cooling:Electric
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Cooling:true
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Heating:Electric
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Heating:true
Schools
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Elementary School:Peck Elementary School
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Middle School:Cullen Middle School (Houston)
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High School District:27 - Houston
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High School:Yates High School
The Community
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Subdivision Name:Grand Park
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Pool Private:false
Parking
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).