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2512 Calumet St
Houston, TX 77004

7 Units - Cash Flowing Med Center AirBNB · Multifamily Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • Income-Generating Multifamily Property: Established and profitable, generating $18,000 per month in Airbnb income.
  • Impressive NOI: Net Operating Income (NOI) stands at $133,810 annually.
  • Vacancy Rate: Currently maintaining a low vacancy rate of just 10%.
  • Two Buildings: One building remodeled into three distinct units; the other newly constructed with four sleek, modern units.
  • Value-Add Opportunity: Potential to add two additional units, increasing revenue potential and profitability.
  • Fully Furnished: The entire property is furnished with modern furniture, ready for immediate occupancy.

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Building Class B
Lot Size 0.27 AC
Building Size 6,090 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1935/2022

UNIT AMENITIES

  • Dishwasher
  • Washer/Dryer
  • Granite Countertops
  • Refrigerator
  • Range
  • Grill
  • Island Kitchen

SITE AMENITIES

  • Laundry Facilities
  • Furnished Units Available
  • Gas Range

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0611220000010
Land Assessment
$278,200
Improvements Assessment
$419,813
Total Assessment
$698,013
  • Listing ID: 33072293

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 2512 Calumet St, Houston, TX 77004

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