412 N 8th Street, South Houston TX, 77587

Active

412 N 8th Street

South Houston TX, 77587

$545,000

$174.51 per sqft

Active

2 Beds

1 Bath

3,123 sqft

Multi-family

Built in 1945

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.

29448437

MLSⓇ ID

October 16, 2024

Listed

December 24, 2024

Updated

Map

412 N 8th Street
South Houston TX, 77587

Interior Features

Total Stories: 2
Bedrooms: 2
Total Bathrooms: 1
Full Bathrooms: 1
Fireplace: No
Cooling: Yes
Cooling Description: Electric
Heating: Yes
Heating Description: Electric

Exterior/Building Features

Lot Size: 0.17 Acres
Roof: Wood

School Information

School District: 41 - Pasadena
High School: South Houston High School
Elementary School: L F Smith Elementary School

Other Property Details

Area Name: 6
Taxes: $4,221
Tax Frequency: Annually
Days on Market: 68
Garage: No
View: No
County: Harris
Pool: No

Listing History

Date	Event	Price
12/8/2024	Price change	$545,000 -1%

Courtesy of JPAR - The Sears Group, Kate Myhan

Based on information from the Houston Association of REALTORS as of 12/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 8:47 AM UTC, 12/24/2024