5603 Pickfair St, Houston, TX 77026

$550,000
: 10
BD
: 6
BA
: 3,669
SqFt

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List Price: $550,000
Status: ACTIVE
MLS#: 59541080
Days on Market: 5
Year Built: 1960
Bedrooms: 10
Bathrooms: 6
Full-baths: 6
Living Area: 3,669
Lot Size: 15,000
Lot Size Source: Appraiser
Subdivision: Kashmere Gardens Park
Region: 2
Market Area: Northside
County: Harris

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Property Description

Massive investment opportunity inside the 610 Loop! This high-yielding multi-family portfolio features a total of 5 income-producing units spread across three distinct structures, generating a strong $5,650 in monthly rental income. Property Breakdown: Rear Single-Family Home: Spacious 2-bedroom, 2-bathroom house currently leased for $1,250/month. Two Detached Duplexes: A total of 4 independent apartment units (2 bedrooms, 1 bathroom each), fully leased at $1,100/month per unit. Unbeatable Location: Perfectly situated just 10 minutes from Downtown Houston and inside the highly desirable 610 Loop. This property offers incredible long-term appreciation potential and low vacancy rates due to its close proximity to the brand-new hospital development and local employment hubs. All units are fully occupied and generating cash flow from day one. Perfect for a seasoned investor looking for immediate, stable yields or a 1031 exchange. Selling strictly as-is. Fully renovated in 2023.

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Additional Information

Finance Available: Cash, Conventional, FHA, VA Loan
Taxes: $12,024
Neighborhood: Northside
Interior Features: Granite Counters, Ceiling Fans, Programmable Thermostat
Heating: Central, Natural Gas
Cooling: Central Air, Electric
Stories: 1
Utilities: Electricity Available, Natural Gas Available, Water Available
Roof: Composition
School District: Houston
Elementary School: Kashmere Gardens Elementary School
Middle School: Key Middle School
High School: Kashmere High School