1. Texas
2. South Houston
3. 412 N 8th Street

412 N 8th Street, South Houston, TX 77587

• 2 beds |
• 1 bath |
• 3,123 sqft

Property Description

Investors, seize this opportunity to acquire a mixed-use property on a spacious 7,190 square foot lot with 5,075$ monthly income. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease alone. No HOA.No Food Zone

Listing Status:

Active

Date Added:

January 5, 2025 at 06:00AM

Listing Office:

The Sears Group : 713-357-0068

Listing Agent:

Kate Myhan : 1+713-855-0588

MLS ID:

27621910

Interior

• A/C: Electric
• Heating: Electric

Construction

Location

Lot

Financial

This listing courtesy of Kate Myhan, The Sears Group