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LOCATION:

135 N Maple St,

Houston, TX 77011

ASKING PRICE $425,000

DESCRIPTION:

Don't miss your chance at this 100% occupied fourplex in Suburban Park subdivision in East End Revitalized. Built in 1939, this property has a total of 2,434 sqft of living space, situated on a 4,515 sqft lot. There are three units with 1 bedroom and 1 bathroom. One unit has 2 bedrooms and 1 bathroom. Each unit is rented on a yearly lease.

Units 1 & 2:

Rented by a family since 11/2020

Rents: $1,350/month and $1,100/month

Unit 3:

Rented since 03/2022

Rent: $1,000/month

Unit 4:

Rented since 02/2023

Rent: $1,000/month

2 meters on the property

REHAB:

No immediate repairs needed.

MISCELLANEOUS:

Showing TBD - do not approach!

Flood zone code X-out

Gross rental income: $4,450/month

Owner pays for water- $125/month

Owner pays for electric for units 3 & 4- $125/month

Insurance: $4,786/year

Taxes: $5,240/year

$5,000 NON-Refundable Earnest money locks the deal. Buyer pays all closing cost. If I can not provide clear title earnest money is refunded. 

PLEASE DO YOUR OWN DUE DILIGENCE. INFORMATION IN THIS EMAIL COULD BE INCORRECT. WE ADVISE ALL BUYERS TO VERIFY INFORMATION INDEPENDENTLY.

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Disclaimer: FlippingHouston.net, LLC and/or its partners is providing you access to this investment opportunity, The property featured is currently under contract with the owner of record, therefore giving FlippingHouston.net an equitable interest in the property. FlippingHouston.net may assign it's contractual rights. FlippingHouston.net, LLC is not selling the property nor acting as an agent of the seller. PLEASE NOTE THAT THIS IS BEING SENT TO YOU FOR MARKETING PURPOSES ONLY. Any agreement to the terms of this offering will be evidenced by a contract assignment. The above price includes an already agreed upon purchase price plus a fee to assign equitable interest. You may unsubscribe if you no longer wish to receive our emails.