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Houston Quadplex $900k

705 Harold St, Houston
ROI
16.24% IRR
Strategy
Long Term Rental
Located in the heart of Montrose, this fully occupied quadplex generates $8,100 per month in rent. Leases expire at various times through 2025. Tenants pay their own electric, while the landlord covers water and gas at $275 per month. Deals like this are rare in Montrose—a turnkey quadplex selling near a 1% rent-to-price ratio. No HOA. Taxes $16,000.

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Houston Quadplex $900k

Listed 02/26/2025

705 Harold St, Houston

Purchase Price:$900,000

Cash Outlay:$243,000

Cashflow:$825/mo

Cap Rate:7.09%

IRR:16.24%

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