UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,585 sqft
Price per Sqft $167
Subdivision Cf Houston Heights
MLS Listing ID 91916092
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1960
Annual Tax Amount $22,831
Tax Year 2026
Property Sub-Type Multi Family
Property Description
The Heights represents the strongest demand for residential rentals investors of small multifamily properties want and to be on the Blvd makes this an absolute slam dunk for the right value-add operator. Superb density ratio with 10 units on 7,500sf of land, ample 1:1 parking ratio plus all spots are covered and additional street parking makes this current under performer to become something great with a forward-thinking vision because the location is worth investing in. Capture the upside/advantage, and the right investor will take this property that currently has the lowest rents available on the Blvd. to the next level. Good density, 100% full, needs work but is functional, as an inferior competitor for decades as other similar vintage assets up & down the Blvd. have had added value and increased rental rates. There is nothing available, or deliverable on the Blvd. for $110k a door, and nearly at land value that has this type of upside.
Location
State TX
County Harris
Area Heights/Greater Heights
Interior
Interior Features Ceiling Fan(s)
Heating Window Unit
Cooling Window Unit(s)
Fireplace No
Appliance Disposal, Refrigerator
Laundry Common Area
Exterior
Parking Features Carport
Roof Type Other
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Harvard Elementary School
Middle Schools Hogg Middle School (Houston)
High Schools Heights High School
School District 27 - Houston
Others
Tax ID 020-242-000-0009
Acceptable Financing Cash, Conventional, Investor Financing
Disclosures None
Listing Terms Cash, Conventional, Investor Financing
NEARBY SCHOOL & BUSINESS
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