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3601 ENGELKE ST
HOUSTON, TX 77003-1703
Asking Price
$375K
Asset Type
Flex Industrial
Class
Class B
What's Special
Minutes from Downtown Houston - Corner Lot in Flexible Zoning!! <p><strong>Property being sold for corner lot value only. Existing home on the property requires extensive repairs and is being sold as-is. Located in the highly desirable EADO area, just minutes from downtown Houston, with a prime location surrounded by both residential and commercial properties, including commercial businesses directly across the street.</strong></p>
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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455
