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Huge Duplex with 4 Bedroom Units and Value-Add Potential

4613 Knoxville St, Houston
ROI
20.28% IRR
Strategy
Long Term Rental
Large duplex built in 2006 with 4 beds, 2.5 baths per side. Unit A leased below market rent expiring March 1, Unit B vacant and needs light cosmetics. Seller offering $10k credit towards make-ready costs. Close to downtown and medical centers, great potential for MTR or STR as well.

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Huge Duplex with 4 Bedroom Units and Value-Add Potential

Listed 03/03/2023

4613 Knoxville St, Houston

Purchase Price:$365,000

Cash Outlay:$98,550

Cashflow:$328/mo

Cap Rate:6.93%

IRR:20.28%

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