$1,399,000
For Sale

4820 Oak Avenue #16

Pasadena, TX 77503
6728 sqft | 2 beds | 1 bath | 0.57 acres | #80231872
Browse 12 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Prime 16-unit multifamily community fully renovated! Completely remodeled in 2019, this turnkey property offers stable cashflow with opportunity for upside potential. Property history will showcase low tenant turnover and minimal maintenance costs. The recent renovation includes new flooring, new cabinetry, updated bathrooms, and all new fixtures. Opportunity to increase revenue by bumping rents, billing utilities back to tenants, adding central HVAC, and more. The property currently provides window units, but has AC ducting in place - making installation of central HVAC units simple and cost effective. Located in Pasadena near major employers (Oil & Gas, Port of Houston), it benefits from strong rental demand. Favorable seller carry-back available! More information available upon request. Please call or text Kaelyn for details.

  • Property Details
      • Elementary SchoolGOLDEN ACRES ELEMENTARY SCHOOL
      • High SchoolSAM RAYBURN HIGH SCHOOL
      • SubdivisionGolden Acres Sec 01
      • Middle SchoolLomax Middle School
      • Property SubtypeMulti Family, 5 Plus
      • School District41 - Pasadena
      • Property TypeMulti-Family
      • MLS #80231872
      • MLS #80231872
      • Taxes Annual$10,885
      • Cost1399000
      • Acres0.5716
      • CountyHarris
      • Square Feet6728
      • Year Built1967
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Eric ReedReal Estate Group
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