Large Duplex with Motivated Seller Close to Downtown and Medical Centers
4613 Knoxville St, Houston
ROI
20.28% IRR
Strategy
Long Term Rental
Large duplex with motivated seller close to downtown and medical centers. 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. Great potential for MTR or STR as well. Two story side-by-side duplex built in 2006. Units are 2,000 sq ft each with 4 beds, 2.5 baths. Unit A is leased through March 1 at $1300/mo, unit B is vacant and needs light cosmetics to be rent ready.
