Incredible Investment Opportunity: Fully Leased Duplex at 4356 Phlox St, Houston, TX 77051 For Sale

  • $278,000
  • 5 beds
  • 3 baths
  • 2276 sqft

4356 Phlox St, Houston, TX 77051: This fully leased duplex offers immediate cash flow with long-term tenants in place. The property’s strategic location near major highways and the Texas Medical Center enhances its appeal to a broad tenant base. The surrounding area’s strong sales activity underscores the property’s value and potential for appreciation. Long-Term Leases: Both units are secured with leases extending until May 31, 2026, ensuring stable income for the foreseeable future.

 

Already Pre-approved with Multiple Lenders: Financing options are available with pre-approval secured through multiple lenders, ensuring a smooth transaction for qualified buyers.

 

Asking Price: $278,000

Monthly Rental Income (combined): $2,748/Month

Unit/Financial Details

Unit 1: 3 Bedrooms, 2 Bathrooms

  • Lease Term:Until 05/31/2026
  • Monthly Rent:$1,650

Unit 2: 2 Bedrooms, 1 Bathroom

  • Lease Term:Until 05/31/2026
  • Monthly Rent:$1,098

Total Monthly Rental Income: $2,748

Annual Rental Income: $32,976

 

Comparable Properties

  • 1234 Daisy Ln: Sold for $310,000 on 12/15/2024
  • 5678 Tulip St: Sold for $295,000 on 01/10/2025
  • 9101 Rose Ave: Sold for $320,000 on 11/30/2024

 

Location

  • Accessibility: Situated on a desirable corner lot with easy access to Highway 288 and Loop 610, facilitating convenient commutes to key Houston areas.
  • Proximity to Medical Center: Approximately 6 miles from the Texas Medical Center, making it an attractive location for medical professionals seeking nearby housing.
  • Great Schools: Families residing here are eligible to enroll at Bastian Elementary, Attucks Middle School, & Worthing High School

 

 

 

🔑 ACCESS: THIS IS A FIRST COME FIRST SERVE OPPORTUNITY SO CALL ASAP TO SCHEDULE A WALK-THROUGH. PLEASE BE PREPARED TO PRESENT CURRENT POF (PROOF OF FUNDS).

 

 

 

 

 

 

 

🌱 Commitment to Wealth Building: At The Property Plug™, we’re dedicated to growing alongside our clients. As investors ourselves, we grew tired of being promised 70% deals, only to discover they’re closer to 90 or 95% after factoring in closing costs and inaccurate ARVs & comps. That’s precisely why The Property Plug™ was created. Our deals are underpinned by accurate ARVs and comps because we believe that as we build your wealth, our business will naturally flourish alongside it. Trust in The Property Plug™ for unparalleled transparency and authentic investment opportunities. Our primary aim is to build and enhance your wealth, setting us distinctly apart in the marketplace. We offer deals by investors, for investors, fostering a community of success and prosperity.  Join us at The Property Plug™, where your investment dreams become a reality.

 

 

 

Disclaimer: The Property Plug™ facilitates introductions to contractors and provides recommendations based on past experiences and professional relationships. However, clients acknowledge that The Property Plug™ is not responsible for the performance, reliability, or quality of work of any contractor. The client agrees that The Property Plug™ is not liable for any direct, indirect, incidental, or consequential damages that may arise from the work performed by contractors. It is the client’s responsibility to perform their due diligence and agree to terms directly with any contractor.

 

Price:
$278,000
Address:
4356 Phlox St.
Houston, TX 77051
Square Feet:
2276
Lot Size:
5,000
Bedrooms:
5
Bathrooms:
3
Terms:
For Sale
Property Type:
Duplex
Year Built:
1979
Const. Type:
Slab

Call 8329254300 for more details

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