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3938 King Street

Houston TX 77026

2
1
6300 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer. Individual Utilities: Each unit is individually metered for electricity and water. Ample Land: Enough space to build 3 additional units, expanding income potential further.

Features

2 bedrooms
1 bathroom
6300 sq. ft. floor area
Multi-Family

Property history for 3938 King Street

2024
Rented
Undisclosed
26 Oct 2024 by Om Realty Group
2024
Rented
Undisclosed
05 Jul 2024 by Om Realty Group
2023
Rented
Undisclosed
15 May 2023 by Om Realty Group

Happy sellers in Houston

95%
95% of sellers in Houston reported that their sale price either exceeded or met their price expectations.

Houston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Houston over the last 12 months.

Local market activity for 2 bedroom multi families in Houston

In the last 12 months, 5 two-bedroom multi families similar to 3938 King Street, have been sold.

This represents a 17% increase in two-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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