4613 Cavalcade St Unit 10, Houston, TX 77026
- $999,900
- 7,680
- SqFt
- List Price
- $999,900
- MLS#
- 55200975
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1973
- Living Area
- 7,680
- County
- Harris
- Area
- 2
- City
- Houston
- Subdivision
- Kashmere Gardens
Property Description
Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history. Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations. Investment Highlights: Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS). 100% occupied.
Additional Information
- Unexempt Taxes
- $13,854
- Lot Size
- 15,000
- Interior Features
- Laminate Counters
- Flooring
- Wood
- Roof
- Composition
- Stories
- 2
- School District
- Houston
- Elementary School
- Kashmere Gardens Elementary School
- Middle School
- Key Middle School
- High School
- Kashmere High School
Mortgage Calculator
Listing courtesy of Sarah Virani from Sarah Virani. Contact: