412 N 8th ST new Save Request In-Person Tour Request Virtual Tour
South Houston,TX 77587
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,123 sqft
Price per Sqft $160
Subdivision South Houston Gardens Sec 01
MLS Listing ID 22148781
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1945
Annual Tax Amount $4,221
Tax Year 2023
Property Sub-Type Detached
Property Description
Deal of the Year! Investors, seize this rare opportunity to own a stabilized mixed-use property delivering a strong 9% CAP rate and instant cash flow—now reduced by $85,000 since last year for a quick sale! Situated on a 7,190 SF lot with no HOA and no flood zone, this solid 3,123 SF building features a long-standing restaurant tenant paying $3,200/month on a 3-year lease plus two residential units leased at $1,000/month each, providing consistent income. Additional upside potential by leasing two unused on-site storage units. This property combines stability, prime location, and appreciation potential in one unbeatable package. Loan estimate and supporting documents available - attached to the listing. Watch video. Act fast—opportunities like this rarely last!
Location
State TX
County Harris
Area South Houston
Interior
Heating Central,Electric
Cooling Central Air,Electric
Fireplace No
Exterior
Roof Type Shingle,Wood
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools L F Smith Elementary School
Middle Schools Sullivan Middle School
High Schools South Houston High School
School District 41 - Pasadena
Others
Tax ID 034-193-000-0381
Acceptable Financing Cash,Conventional,Investor Financing,Owner May Carry
Listing Terms Cash,Conventional,Investor Financing,Owner May Carry
Virtual Tour https://youtu.be/kMnzPSflEdc?si=HfqylnxGnlULNgUM