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Fully Renovated Pair of Houses Next to Medical District and UofH

2520 Barbee St, Houston
ROI
21.88% IRR
Strategy
Mid Term Rental
Fully renovated pair of houses next to medical district and UofH. One 3/2.5 and one 4/2. Excellent mid-term rent potential with strong local demand. Two single family homes built in 1950. Brick building is 1,798 sq ft 3 bed, 2.5 bath. Second building is 1,920 sq ft 4 bed, 2 bath. Fully updated with restored hardwood floors, quartz counters, stainless appliances, new plumbing and electrical.

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Fully Renovated Pair of Houses Next to Medical District and UofH

Listed 10/31/2023

2520 Barbee St, Houston

Purchase Price:$700,000

Cash Outlay:$209,000

Cashflow:$1,061/mo

Cap Rate:8.03%

IRR:21.88%

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