Occupied and Cashflowing Triplex Hitting 1% Rule in Independence Heights with 3 Beds
217 Cockerel St, Houston
ROI
21.24% IRR
Strategy
Long Term Rental
Occupied and cashflowing triplex hitting 1% Rule in Independence Heights. 3 bed main house leased for $1375 with two 1 bed apartments leased for $650 & $653. Triplex with 1100sq ft 3 bed main house leased for $1375 and two 1 bed apartments leased for $650 & $653. Built in 1920, tenants pay all utilities. : Gentrifying Independence Heights 10 minutes from downtown Houston. New construction in surrounding blocks.
