Price Reduced Listing
2501 Truxillo Street 1-7,Houston, TX 77004
Houston, TX 77004
Description
Income-producing investment property with exceptional upside potential and no HOA or restrictions. This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info
Details
| MLS # | 7873636 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 86 |
| Listing Provided By | Nextgen Real Estate Properties | Ryan St George |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,312 |
| Story(s) | 2 |
| Units | 7 |
| Acreage | 5250.00 |
Taxes
| Tax Annual Amount | 8077 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Washington Terrace |
| Listing VS Median (in Washington Terrace) | |
Price: $498,000 low | high Med: $0 On site: 86 low | high Med: | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Washington Terrace |
| Listing VS Median (in Washington Terrace) | |
Price: $498,000 low | high Med: $0 On site: 86 low | high Med: | |