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4602 Buck St

Houston, TX 77020

$650,000

Apartments For Sale  •  6,141 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 6,141 Sq Ft
  • Lot Size 0.23 ac
  • Year Built 1965
  • Cap Rate 8.34 %
  • Zoning R2
50 Transit Score
52 Walk Score

Description

Mid-Century Modern buildings with quality brick exterior complimented by an excellent long term tenant mix, fully leased with value-add upside. Located 1 mile from Downtown Houston, this complex consists of 6 spacious, 2 bed 1 bath duplexes, a large 1200 SF 3 bed, 1.5 bath house at the rear of the property, and an adjoining modern plywood micro unit. With separate access and individual parking for each unit, tenants feel at home in this safe and comfortable community. With Midway's planned East River project breaking ground, access to CBD, I-10, Buffalo Bayou and the East End, this property is poised to see tremendous upside.  Other great features: low maintenance, impressive finishes & professionally managed. Enjoy a consistent return, value add-investment property!

Highlights

Easy Access to CBD & Transportation
Tenants pay online
Value add
Well Maintained
Low Maintenance
Long term tenants

Property Flyers

Financial Summary (Actual)

Net Operating Income: $54,180 (2018)
Cap Rate: 8.34 %
Total Expenses: $11,615

Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Fenced Lot
  • Washer/Dryer Hookup
  • Heating
  • Gas Range
  • Vintage Building
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Range
  • Carpet
  • Breakfast Nook
  • Dining Room
  • Family Room
  • Vinyl Flooring

Public Transportation

AirportDriveWalkDistance
William P. Hobby Airport 18 min - 13.5 mi
Houston George Bush Intercontinental Airport 22 min - 18.5 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 8
Type: Reserved
Included in Rent: Yes
Loren Miner 713-714-3088 Eastwood Commercial
Loren Miner 713-714-3088 Eastwood Commercial