5311 2nd StreetCrosby, 77532
Home Summary
Exceptional investment opportunity: Two beautiful homes on a spacious 14,200 sqft lot.
Property Type: Residential, Detached
Exceptional Investment Opportunity: Two Beautiful Homes on a total of 14,200 sq.ft Lots. BOTH FRONT & BACK HOMES HAVE CURRENT TENANTS / Front Home is a fully renovated gem! 3 bedrooms & 1 bathroom w/total living space of 1,134 square feet. Plumbing from Front Home to City recently replaced. Front Home Leased 4/18/23 at $1,650 p/mo on a 12 month lease. Back Home is a brand-new, 2023 Clayton Homes (Marvel 4) with 4 bedrooms & 2 bathrooms w/total living space of 1,475 square feet. Back Home Leased 3/29/24 at $1,750 p/mo on a 12 month lease. Rent Rolls w/Financials updated 6/1/24 available upon request for thorough analysis creating an 8.7% CAP Rate. This is an investment opportunity to start investing in or grow your portfolio w/Gross Rents of $3400 p/mo income. *Additional parking w/crushed asphalt & gravel has been added between front & back home that are not shown in the MLS pics. Also on the side of Back home has been cleared for more parking. Contact us today for more information!