2013 Eubanks StHouston, TX 77093

Property Details for 2013 Eubanks St

Year built

1940

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a well-maintained, nine-unit apartment complex ideally situated in Houston, Texas. The property, located at 2013 Eubanks St, 77093, in Harris County, comprises two buildings, each two stories high, sitting on a spacious 12,000 square foot lot. Built in 1940 and extensively renovated in 2023, this Class C multifamily property boasts a total net rentable area of 4,289 square feet. The unit mix includes four studios, three two-bedroom units, one one-bedroom unit, and one three-bedroom unit. Currently, only two units are vacant, indicating strong occupancy. The asking price is $675,000, translating to an attractive price per unit of $75,000. A new roof was installed during the 2023 renovations, along with other significant upgrades. Utilities are conveniently included in the rent, simplifying management and enhancing cash flow. The property's location offers easy access to Houston's amenities while providing a solid foundation for a lucrative investment. This is a rare chance to acquire a well-maintained, updated multifamily property with strong rental income and significant upside potential. Don't miss this opportunity to add a high-performing asset to your portfolio.

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8328

Longitude

-95.3492

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