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Turnkey Duplex Built in 2006 with One Vacant Unit and One Occupied Below Market

4648 Galesburg St, Houston
ROI
20.27% IRR
Strategy
Long Term Rental
Turnkey duplex built in 2006 with one vacant unit and one occupied below market. Strong cashflow potential close to 1% Rule. Two story 3,824 sq ft duplex built in 2006 with 4 beds, 2.5 baths per side. Turnkey condition with one occupied unit rented to long-term tenant well below market rate with opportunity to increase.

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Turnkey Duplex Built in 2006 with One Vacant Unit and One Occupied Below Market

Listed 04/07/2023

4648 Galesburg St, Houston

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$402/mo

Cap Rate:6.92%

IRR:20.27%

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