Exciting Muli-family (Duplex) Opportunity in Spring Branch!
–> $20,000 Credit For New Roof Will be Paid for Out of Seller Funds at Closing!
–> No HOA
–> Not in Flood Zone
–> Huge Yard
–> Located in Highly Sought-After Spring Branch!
–> Video Walkthrough Available!
–> Converted Into One, Shared Space but Can be Converted Back or Kept As-Is.
1907 Peppermill Rd.
Houston, TX 77080
6 Bedrooms | 4 Bathrooms | 2-Half Baths ( 3 Beds | 2.5 baths on each side)
3,297 SF Total (Appraisal District)
Lot Size: 10,488 (Appraisal District)
Year Built: 1978 (Appraisal District)
After-Renovation Value (ARV): $728,000+ (Appraised at $728K Nov. 2023) LINK TO APPRAISAL REPORT
Estimated Repairs: $85,000+
Rental Rates:
ARV Market Rent (LTR): $5,500 / Mo. (Combined)
ARV Market Rent (LTR – Furnished): $6,600 (Combined)
ARV Market Rent (Co-Living): $7,000/ Mo. (Combined)
ARV Market Rent (STR): $10,000/Mo (Combined)
On This Deal:
1) Cash or Hard Money Only
Property is being sold as-is, where is. No representations written or oral are made concerning the properties above. Buyers to do their own independent due diligence. Integrity Prime, LLC, Wholesale Properties Houston and/ or the associated members or employees make no guarantees concerning property condition, value, characteristics or financial benefits. Not an appraisal. Offered by double-close or assignment of contract. Buyer must complete all due diligence before submitting an offer and executing any contract. Equal opportunity housing. One or more members or employees of Integrity Prime, LLC and/ or Wholesale Properties Houston are licensed real estate agents in the state of Texas.