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- MLS#40701206
- TypePending
- CountyHARRIS
- CityHouston
- Area4
- NeighborhoodSunnylan
- Zip77023
- StyleMulti-Family
- Year Built1939
- Taxes6533
- Price$ 375,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2670
- Lot Size5,000 SqFt
Listing Provided Courtesy Of:
The Horizon Team
Data Source:
Houston Association of REALTORS
Property Description
Back on the market again and with increased rents that increases the value of the property! Come and add this investment property to your portfolio and hit the ground running with good tenants and cash-flow immediately! This is a 5 unit complex consisting of 2 buildings. The front 2 story building is a duplex consisting of 2/1 units and the rear 2 story building is a triplex consisting of 1/1 units with one of the units containing a garage. There is also a laundry room ready for use where you can install coin-operated washer/dryer for added revenue. Current gross rents now at $3,790 with room to increase rents on all units in the future. 4 tenants are under contract, one is M2M. Cap rate now between 9-10% and can raise rents to receive over $4k/month to increase cap rate and cash-flow. The 2/1 units contain the kitchen and LR on the 1st floor, BR and Bath on 2nd floor. The 1/1 have their kitchen and LR on one half and the BR and Bath on the other half. Photos of property when empty
Elementary School | Middle School | High School |
---|---|---|
Henderson J Elementary School | Navarro Middle School (Houston) | Austin High School (Houston) |
Price History | |
---|---|
12/7/2020 | Listed $375,000 |
General Features
Disclosures | Owner/Agent |
---|---|
Elementary School | HENDERSON J ELEMENTARY SCHOOL |
Energy | Ceiling Fans |
Finance Available | Cash Sale, Conventional, Investor |
Full Baths | 1 |
Geo Market Area | East End Revitalized |
Heating | Wall Heater, Window Unit |
High School | AUSTIN HIGH SCHOOL (HOUSTON) |
Middle School | NAVARRO MIDDLE SCHOOL (HOUSTON) |
Property Type | Multi-Family |
Restrictions | Unknown |
Roof | Composition |
School District | 27 - Houston |
Status | Pending |
Stories | 2 |
Sub Type | 5 Plus |
Subdivision | Sunnylan |
Tax Amount | 6533 |
Tax Rate | 2.5716 |
Year Built | 1939 |
Interior Features
Cool System | Window Units |
---|---|
Floors | Tile, Vinyl, Vinyl Plank |
Range | 1 |
Refrigerator | 1 |
Total Baths | 1.00 |
Total Bedrooms | 2 |
Unit Count | 2 |
Unit Features | Fenced Area |
Exterior Features
Lot Size | 5000 |
---|---|
Siding | Brick, Cement Board |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool