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$1,800,000

4403 Nichols Street, Houston, TX, 77020

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths9,022 Sq Ft
price_per_sqft$199.51 / sqft
Year BuiltBuilt in 2023

About this property

4403 Nichols Street presents an excellent opportunity to acquire a 10 unit multifamily investment property in Houston. The property features 10 two bedroom, two bathroom residences, each offering approximately 915 square feet of living space with functional layouts. Currently 100% occupied, the property provides an established tenant base and existing rental income. Conveniently located near Downtown Houston with easy access to major highways, employment centers, dining, shopping, and surrounding neighborhoods. With consistent unit configurations, established rental operations, and a desirable urban location, this property offers investors an opportunity to expand their multifamily portfolio in Houston's growing real estate market.

Investor Tools

$0Estimated Mortgage Balance
$1,800,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Andrea Tran

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Houston

4403 Nichols Street | Property Details | No Agent List