$725,000
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1 Bed
1 Bath
3,840 SqFt
SOLD DATE : 11/04/2022
Key Details
Property Type Multi-Family
Sub Type 5 Plus
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $167
Subdivision John A Campbells Little Farms
MLS Listing ID 7850562
Sold Date 11/04/22
Bedrooms 1
Full Baths 1
Year Built 1965
Annual Tax Amount $6,857
Tax Year 2021
Lot Size 9,613 Sqft
Property Sub-Type 5 Plus
Property Description
We have an 8 one-bedroom/ one bathroom apartment complex in Pasadena, TX. Great way to start your investment portfolio. Apartments have been through heavy renovations. The place is great for anyone looking for a quiet and cozy area to live in. Spacious backyard for anyone to do BBQs and relax. The inside and outside has been redone and currently in the process of more updates. Investors expect this place to have low maintenance and room to add value to the property. Also has a coin operated laundry system and extra parking spot for additional income. CAP Rate at 7% with a $725,000 asking price. All tenants currently signed on lease agreements.
Location
State TX
County Harris
Area Pasadena
Interior
Heating Window Unit
Cooling Window Units
Exterior
Roof Type Composition
Building
Story 2
New Construction No
Schools
Elementary Schools South Shaver Elementary School
Middle Schools Southmore Intermediate School
High Schools Sam Rayburn High School
School District 41 - Pasadena
Others
Senior Community No
Restrictions None
Tax ID 071-008-000-0084
Energy Description Ceiling Fans
Acceptable Financing Cash Sale, Conventional, Investor
Tax Rate 2.6514
Disclosures Owner/Agent, Reports Available, Tenant Occupied
Listing Terms Cash Sale, Conventional, Investor
Financing Cash Sale,Conventional,Investor
Special Listing Condition Owner/Agent, Reports Available, Tenant Occupied
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Bought with Surge Realty