UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,550 sqft
Price per Sqft $129
Subdivision Sunnyside Gardens
MLS Listing ID 59254079
Bedrooms 14
Full Baths 7
HOA Y/N No
Year Built 1965
Annual Tax Amount $11,275
Tax Year 2023
Property Sub-Type Detached
Property Description
Currently, 6 of the 7 units are occupied, providing immediate rental income with additional upside potential. At full occupancy, the property has the potential to meet the 1% rule based on current rental rates, with significant room for rental growth, as current rents are below comparable properties in the area.
Located in a rapidly developing neighborhood with ongoing new construction, this property offers excellent long-term investment potential. The adjacent lot is also available for purchase, creating additional opportunities for future development or expansion.
Location
State TX
County Harris
Area Medical Center South
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Water Available
Roof Type Other
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
Elementary Schools Woodson Elementary School
Middle Schools Thomas Middle School
High Schools Worthing High School
School District 27 - Houston
Others
Tax ID 075-199-018-0040
Acceptable Financing Cash, Conventional, Investor Financing, Other
Disclosures Other
Listing Terms Cash, Conventional, Investor Financing, Other
Nearby Locations
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