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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 9/13/2025 |
|---|---|---|---|
| TRACT | Grand Park | YEAR BUILT | 1950 |
| COMMUNITY | 4 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Peck Elementary School |
|---|---|
| Jr. High School | Cullen Middle School (Houston) |
| High School | Yates High School |
| PRICE HISTORY | |
| Prior to Sep 6, '25 | $1,600,000 |
|---|---|
| Sep 6, '25 - Sep 13, '25 | $1,599,997 |
| Sep 13, '25 - Today | $1,250,997 |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 4 |
| HEAT | Electric |
| LOT | 0.3444 acre(s) |
| STORIES | 1 |
| SUBDIVISION | Grand Park |
| TAXES | 5077 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with eXp Realty LLC
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