Mark Benoit, Listing Office: eXp Realty, LLC
$6,531
closing credit¹
412 N 8th St South Houston, TX 77587
Property details
About 412 N 8th St
Investors, seize this opportunity to acquire a mixed-use property on a spacious 7,190 square foot lot with 5,075$ monthly income. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease alone. No HOA.No Food Zone
Highlights
Summary
- MLS Number: 27621910
- MLS Name: HAR
- Office Name: JPAR - The Sears Group
- Office Phone: (713) 357-0068
- Office Email: sell@searsgrp.com
- Listing Agent: Kate Myhan
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Last updated on: 1/31/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
412 N 8th St
$6,531
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Nelda Sullivan Middle School
Public District 5-6
0.5 mi
•1112 Queens Rd
6
L. F. Smith Elementary School
Public District PK-4
0.6 mi
•1401 Avenue A
5
South Shaver Elementary School
Public District PK-4
1.0 mi
•2020 Shaver St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,689. Typical income of South Houston, TX residents is between $35k-100k annually. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 412 N 8th St
This home is located at 412 N 8th St in South Houston, TX and zip code 77587. This 3,123 square foot home was built in 1945. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 5, 2025 and is currently priced at $550,000.
The number of homes for sale in South Houston, TX increased by 13.3% between November and December 2024. In December 2024 median list price was $219,999 and the average listing age was 60 days.