UPDATED:
10/24/2024 07:54 PM
Key Details
Property Type Multi-Family
Sub Type 5 Plus
Listing Status Active
Purchase Type For Sale
Square Footage 6,652 sqft
Price per Sqft $127
Subdivision Parkford Place
MLS Listing ID 10572738
Bedrooms 2
Full Baths 1
Year Built 1960
Annual Tax Amount $7,915
Tax Year 2023
Lot Size 5,035 Sqft
Property Description
Located just east of downtown and in the path of revitalization, this 10-unit complex offers a fantastic investment opportunity. With easy access to the I-10 East frwy, tenants enjoy convenient commutes to downtown and beyond.
The property consists of eight 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, 8 of which have been renovated over the years. Upgrades include countertops, updated tile, new toilets, appliances, and paint throughout.
Major updates include replaced water supply lines, exterior siding, and roof completed in 2017. French drains installed in 2022, 8 electrical panels replaced in 2023, and water heater replaced in 2024. The exterior has been freshly painted, giving the building a clean, attractive look.
With its prime location not in a flood zone and ongoing area improvements, this turn-key property is ready to deliver value and growth potential.
Location
State TX
County Harris
Area Denver Harbor
Interior
Heating No Heating
Cooling Window Units
Flooring Tile, Vinyl Plank
Exterior
Roof Type Composition
Building
Story 2
New Construction No
Schools
Elementary Schools Atherton Elementary School (Houston)
Middle Schools Mcreynolds Middle School
High Schools Wheatley High School
School District 27 - Houston
Others
Senior Community No
Restrictions Deed Restrictions
Tax ID 070-057-001-0001
Energy Description Ceiling Fans
Acceptable Financing Cash Sale, Conventional
Tax Rate 2.0148
Disclosures Sellers Disclosure, Tenant Occupied
Listing Terms Cash Sale, Conventional
Financing Cash Sale,Conventional
Special Listing Condition Sellers Disclosure, Tenant Occupied
Get More Information