$869,900
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3 Beds
3 Baths
5,604 SqFt
SOLD DATE : 08/30/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,604 sqft
Price per Sqft $157
Subdivision Wilsey South End
MLS Listing ID 44801163
Sold Date 08/30/24
Bedrooms 3
Full Baths 3
Year Built 2023
Annual Tax Amount $1,541
Tax Year 2022
Lot Size 5,000 Sqft
Property Description
Explore a unique investment opportunity in South Union, featuring a new construction multi-family just minutes from the Medical Center and the 288 freeway. Each unit offers 1,386 square feet 3 bedroom 3 full bath consisting of prime living space, with estimated rental rates of $1,800-$2000 per month per unit, ensuring robust cash flow potential. Whether you're a first-time homebuyer looking to invest or a seasoned investor seeking a high-cap-rate property, this multi is your gateway to financial success. This is a great way to own a property which allows the tenant to pay a large portion of the mortgage while living in one unit and for investors the potential for significant long-term gains. Appraisal in hand with above value at 920k!
Location
State TX
County Harris
Area University Area
Interior
Heating Central Electric
Cooling Central Electric
Flooring Vinyl
Exterior
Utilities Available Electric, Water
Roof Type Composition
Building
Faces West
Story 2
Builder Name Nima Homes
Structure Type Cement Board
New Construction Yes
Schools
Elementary Schools Peck Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Senior Community No
Restrictions Deed Restrictions
Tax ID 058-136-000-0011
Energy Description Attic Vents,Digital Program Thermostat,Energy Star Appliances,Energy Star/CFL/LED Lights,High-Efficiency HVAC,Insulated Doors,Insulated/Low-E windows,Insulation - Batt,Insulation - Blown Fiberglass
Acceptable Financing Cash Sale, Conventional, FHA, Other, VA
Tax Rate 2.2019
Disclosures No Disclosures
Green/Energy Cert Energy Star Qualified Home
Listing Terms Cash Sale, Conventional, FHA, Other, VA
Financing Cash Sale,Conventional,FHA,Other,VA
Special Listing Condition No Disclosures
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