Refine Search
Sort by
1210 Wafer St Unit 4, Pasadena
$599,000
3 Beds ⋅ 2 Baths ⋅ 27545322 MLS ⋅ ACTIVE Status
HIGH-YIELD VALUE-ADD 4-PLEX IN PASADENA - ALREADY SECTION 8 APPROVED Purchase through a (QOF) Incredible opportunity to acquire a cash-flowing Pasadena 4-plex positioned for an immediate equity push. Currently managed by a long-term, mom-and-pop owner, the asset is primed for a strategic investor to step in and capture massive operational upside. By implementing a Ratio Utility Billing System (RUBS), a new owner can wipe out $7,200 in annual owner-paid utilities, transferring that value straight to the bottom line. Skip the red tape—the property is already approved for the Section 8 program, making it a turnkey transition for a high-performing voucher portfolio. Aligning the units with local Housing Choice Voucher limits ($1,260 for 2-beds / $1,700 for 3-beds) unlocks a robust $71,040 gross annual income. Priced to deliver a highly competitive 7.5% Cap Rate upon optimization, this asset perfectly blends immediate government-backed income stability with premier value-add potential.

1210 Wafer St Unit 4, Pasadena

104 Virginia St, South Houston
$699,900
5 Beds ⋅ 3 Baths ⋅ 82155272 MLS ⋅ ACTIVE Status
Investor opportunity! Income-producing property featuring a 5-bedroom, 3-bath main residence plus a detached duplex with two 2-bedroom, 1-bath units. One duplex unit is currently leased, providing immediate cash flow, while the second is vacant and ready to lease or occupy. The spacious main home offers multiple income possibilities, including owner-occupancy with rental income, multi-generational living, or additional rental potential. Features include two primary suites, high ceilings, skylights, custom solid wood kitchen cabinets, ceramic tile and laminate flooring, a mahogany staircase, two large covered porches, and an exterior half bath. Located near major highways, shopping, dining, schools, and Downtown Houston, this property offers excellent upside for investors seeking multiple income streams and long-term appreciation.

104 Virginia St, South Houston

3919 Fairmont Pkwy Unit 255, Pasadena
$95,000
1 Beds ⋅ 1 Baths ⋅ 55894532 MLS ⋅ ACTIVE Status
This cozy 1 -bedroom condo in the gated Walnut Hill community of Pasadena, TX is perfect for Investors, Downsizers, or First-Time Buyers. Located in a prime corner building, this unit offers direct access from the private patio to your assigned carport parking- plus ample guest parking nearby. Inside features no carpet, ensuring easy maintenance throughout. The living area includes a charming brick fireplace and built-in shelving, adding character and extra storage place. Generously sized walk-in closet in the bedroom. The kitchen features tile countertops and plenty of pantry space. Refrigerator and stacked washer/dryer stay for your convenience. Enjoy community amenities like sparkling pools and a tennis court. With quick access to Beltway 8, I-45, and Highway 225, plus proximity to Bayshore Medical Center and San Jacinto College, this condo offers both convenience and comfort. Schedule your showing today!

3919 Fairmont Pkwy Unit 255, Pasadena

How much is your home worth?

Get instant property value now!