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412 N 8th St

South Houston, TX 77587
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3,123 Sqft. ($184/Sqft.)
7,190 Lot Sqft
Multi-Family - Multiple Detached Dw

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General Description

Fantastic opportunity to acquire a mixed-use property nestled on a spacious 7,190 square foot lot. This versatile property boasts a total of 3,123 square feet, featuring a restaurant space alongside two smaller commercial units and two rental units. Unit 3 presents a comfortable layout with 2 bedrooms and 1 bathroom, currently leased. Meanwhile, Unit 2 offers a cozy 1 bedroom and 1 bathroom configuration, currently vacant, offering flexibility for new occupants or potential owner-occupancy. With the restaurant lease set to expire this year, this property presents a unique opportunity for those seeking both a business venture and residential space. Savvy investors will appreciate the potential for increased cash flow by leasing out the two smaller commercial units, enhancing the property's value. Property located in non flooding zone. Further details are readily available to facilitate your acquisition process . Please refrain from disturbing tenants and visiting property.

MLS#
46473347
List Price
$575,000 ($184/Sqft.)
Listing Status
For Sale
Address
412 N 8th St
City
South Houston
State
TX
Zip Code
77587
County
Harris County
Subdivision
South Houston Gardens Sec 01
Legal Description
TR 82B-1 SOUTH HOUSTON GARDENS SEC 1
Property Type
Multi-Family - Multiple Detached Dw
Stories
2
Building Size
3,123 Sqft/Appraisal District
Year Built
1945 /Appraisal District
Lot Size
7,190 Sqft./Appraisal District
Key Map©
536Y
Market Area

Exterior

Roof
Wood Shingle

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,221/2023
Tax Rate
2.3721

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
3%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Interior

Cooling
Central Electric
Heating
Central Electric

Lot Information

Lot Size
7,190 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Listing Broker

Source

Houston Association of REALTORS
Source last updated Apr 27, 2024 at 01:27 PM
Listing last updated Apr 19, 2024 at 01:57 PM

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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