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Property Description

Exceptional investment opportunity in Montgomery, TX! This multifamily property consists of four duplexes totaling eight income-producing units, all currently leased and generating cash flow from day one. The property has benefited from ongoing improvements, including new roofs, new water heaters in select units, and renovations completed in several units as vacancies occurred over recent years. With an established rental history and existing tenants in place, this is an ideal opportunity for investors looking to add a stabilized multifamily asset to their portfolio. Even more upside awaits with additional land offering the potential to build more duplexes in the future and further increase rental income. A rare combination of immediate cash flow, continued improvements, and future expansion potential in growing Montgomery! The other 3 duplex addresses are 5498, 5516 and 5462 Highline Drive Montgomery, TX 77316

Overview

Property Status
For Sale
Lot Size
0.51 Acres
MLS ID
54629517
Property Type
Multi-Family
Year Built
2008

Features & Amenities

Total Area
1,960 Sq.Ft.
Stories
1
Utilities
Cable Connected, Electric, Water Connected
Roof
Composition
Lot Features
1/2 Up to 1 Acre
Parking
Two
Heat Type
Electric
Air Conditioning
Electric
Appliances
Range, Microwave, Dishwasher
Elementary School
Lone Star Elementary School (Montgomery)
Middle School
Oak Hill Junior High School
High School
Lake Creek High School
School District
37 - Montgomery
Sales Price
$1,200,000
Real Estate Tax
$4,344/yr

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5440 Highline Drive

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for your interest in 5440 Highline Drive, Montgomery, TX 77316

5440 Highline Drive
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