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$549,000
Est. payment /mo
2 Beds
2 Baths
2,312 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,312 sqft
Price per Sqft $237
Subdivision Washington Terrace
MLS Listing ID 7873636
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1930
Annual Tax Amount $8,077
Tax Year 2025
Property Sub-Type Detached
Property Description
Income-producing investment property with exceptional upside potential and no HOA or restrictions.
This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info
This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info
Location
State TX
County Harris
Area University Area
Interior
Heating Central, Electric, Gas
Cooling Central Air, Electric, Gas
Fireplace No
Exterior
Roof Type Tile
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Blackshear Elementary School (Houston)
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Tax ID 061-146-000-0016
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Listed by Nextgen Real Estate Properties Ryan St George
NEARBY SCHOOL & BUSINESS
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