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Fully Occupied Houston Duplex $400k

8617 Clarington St, Houston
ROI
14.27% IRR
Strategy
Long Term Rental
Built in 2022. Close to downtown Houston and already filled with tenants currently paying $1650 per door. Their leases are active through April 2025. Asking is $419k. I suggest an offer at $395k to start. This is a turnkey, fully occupied, recently built duplex for minimal maintenance or vacancy risk. A good option for any out of state investor looking for a hands free mix of appreciation and cashflow in a low cost multi family asset. Taxes $5405.

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Fully Occupied Houston Duplex $400k

Listed 11/22/2024

8617 Clarington St, Houston

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$234/mo

Cap Rate:6.68%

IRR:14.27%

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