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Turnkey Duplex in Greater Fifth Ward 5 Minutes from University of Houston, East River Project, and Downtown

3516 Orange St, Houston
ROI
24.21% IRR
Strategy
Short Term Rental
Turnkey duplex in Greater Fifth Ward 5 minutes from University of Houston, East River project, and downtown. 1 bed units perfect for economical, utilitarian airbnb. 1,040 sq ft duplex with 1 bed, 1 bath per side built in 1958. Updated with all new HVAC, water heater, bathrooms, paint, and floors. Mixed older neighborhood 5 minutes from downtown and ongoing gentrification projects.

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Turnkey Duplex in Greater Fifth Ward 5 Minutes from University of Houston, East River Project, and Downtown

Listed 05/15/2023

3516 Orange St, Houston

Purchase Price:$225,000

Cash Outlay:$75,750

Cashflow:$750/mo

Cap Rate:9.19%

IRR:24.21%

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