$881,000
$869,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
5,604 SqFt
SOLD DATE : 08/30/2024
Key Details
Sold Price $881,000
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
Construction Status New Construction
HOA Y/N No
Year Built 2023
Annual Tax Amount $1,541
Tax Year 2022
Property Sub-Type Duplex
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
Interior Features Quartz Counters, Programmable Thermostat
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Appliances
Exterior
Exterior Feature Private Entrance
Utilities Available Electricity Available, Water Available
Roof Type Composition
Building
Faces West
Story 2
Entry Level Two
Builder Name Nima Homes
Level or Stories Two
New Construction Yes
Construction Status New Construction
Schools
Elementary Schools Peck Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Tax ID 058-136-000-0011
Security Features Fire Alarm
Acceptable Financing Cash, Conventional, FHA, Other, VA Loan
Listing Terms Cash, Conventional, FHA, Other, VA Loan
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