Great Turnkey Property!!!

2412 Stuart St, Houston, TX 77004

$150,000 After Repair Value -
$85,000 Asking Price -
$18,000 Cost of Repairs =
$47,000 Potential Profit

Property Details

Asking Price $85,000

After Repair Value $150,000

Costs of Repairs $18,000

Potential Profit $47,000

Living Area 642 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

Great turnkey property with long term tenants. Property has great appreciation values. 2 minute drive from 288, 7 minutes from medical center and 3 minute walk to Emancipation Park. Minimum repair costs. Upgrades could increase rental rate to $1,100/ month which would be a 13% CAP rate!!

Repairs Needed

Upgrade kitchen cabinets, floor, and appliances. Upgrade bathroom. Fresh paint on interior and exterior to bring up to full market value.


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