About 412 N 8th Street
Investors, seize this exceptional opportunity to acquire a stabilized mixed-use property delivering a 9% CAP rate on a 7,190 SF lot—with no HOA and no flood zone. The 3,123 SF building includes a long-standing restaurant leased at $3,200/month (3-year term) and two residential units leased at $1,000/month each, generating steady income. Additional upside exists by leasing two unused on-site storage units. This is a rare chance to secure a stable, income-producing asset in a desirable area with future appreciation potential. Loan estimate available so see attachemnts.
Features of 412 N 8th Street
| MLS® # | 76646526 |
|---|---|
| Price | $499,900 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 3,123 |
| Square Footage | 7190 |
| Acres | 0.17 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Multi Family,Multiple Detached Dwellings |
| Status | Active |
Community Information
| Address | 412 N 8th Street |
|---|---|
| Area | 6 |
| Subdivision | South Houston Gardens Sec 01 |
| City | South Houston |
| County | Harris |
| State | TX |
| Zip Code | 77587-3504 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Wood |
|---|
School Information
| District | 41 - Pasadena |
|---|---|
| Elementary | L F Smith Elementary School |
| Middle | Sullivan Middle School |
| High | South Houston High School |
Additional Information
| Days on Website | 54 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | The Sears Group |
|---|