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Cashflowing Triplex in the Greater East End with Two 2 Bed, 1 Bath Units and 1 3 Bed, 2 Bath Unit

7017 Sherman St, Houston
ROI
19.17% IRR
Strategy
Long Term Rental
Cashflowing triplex in the Greater East End. Two 2 bed, 1 bath units and one 3 bed, 2 bath unit. All are updated, one unit is vacant, one month-to-month, and one with a long-term tenant. Triplex built in 1940 with one 3 bed, 2 bath unit and two 2 bed, 1 bath units. All units are updated, one unit is vacant, one month-to-month, and one with a long-term tenant

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Cashflowing Triplex in the Greater East End with Two 2 Bed, 1 Bath Units and 1 3 Bed, 2 Bath Unit

Listed 05/03/2023

7017 Sherman St, Houston

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$236/mo

Cap Rate:6.61%

IRR:19.17%

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