We are excited to begin construction of this lovely duplex ideal for those looking to house hack or add a small multi family property to their portfolio! This home features (2) units consisting of 3 bedrooms & 2 bathrooms spaciously laid out over 1,125 square feet situated on a full size in-fill lot in a rapidly gentrifying area of Houston close the Astrodome area and Medical Center!
House-hacking is one of the savviest ways to purchase a home as it allows for others to contribute to your costs of ownership. You can live in one of your units and rent the other unit. Depending on a few key variables you could literally have enough income coming in from your rented unit to cover the entire monthly mortgage, in fact, with the proper management structure in place you could potentially have passive income coming in over and above your mortgage on a monthly basis!
YES, you read that right… You could actually purchase or build a small multi-family that would actually PAY YOU every single month from the income generated from renting your other unit(s) out.
An added kicker to the house-hacking concept is the proliferation of short term rental platforms like AirBNB and VRBO (Vacation Rental By Owner) – these sites allow you to easily rent out rooms or your entire unit on a short term basis which is substantially more profitable than having a conventional long term tenant. In fact, we’ve seen many cases where short term rentals were 3-4 times more profitable!
Here are a few more images of what this particular duplex will look like once completed:
Pretty neat pad right? Unfortunately this one is already SOLD however we have multiple lots available in different gentrifying areas of inner city Houston where these type of properties will thrive and mesh with the overall aesthetics of the neighborhood!
As a Design & Build firm, we are able to guide you step by step in the design, financing and building of a small multi family and alleviate most of stress, strain & struggle normally associated with building a home! If you are curious about the concept of house-hacking and want to learn more, shoot our an email to our Lead Designer & Builder at Tyron@HoustonVintageHomes.com – with details about your project and timeline.
Stay tuned for more updates on this project!