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Upscale Real Estate Services

info@upscalerealestateservices.com +1(832) 786-9201

$300,000

Est. payment - /mo

3 Beds

1 Bath

1,200 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $250

Subdivision Magnolia Park Sec 02

MLS Listing ID 94025717

Style Fourplex

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1930

Annual Tax Amount $5,455

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

This income-generating fourplex is a true CASH COW! perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Strategically located in a high-demand rental area, it boasts long-term tenants, strong occupancy rates, and impressive cash flow. Both 1 bed/1 bath units are rented out ($950 each) already with a 1 yr lease. 3 bed/1 bath unit has been recently rented out for $1,100 w/ 1 yr lease. 1 bed/1 bath unit can be rented out $950+. Tenants pay their own utilities. This multi-family property can bring in $4K+ a month. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don't miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity!

Location

State TX

County Harris

Area East End Revitalized

Interior

Interior Features Quartz Counters, Ceiling Fan(s)

Heating Other

Cooling Other

Flooring Plank, Vinyl

Fireplace No

Exterior

Roof Type Composition

Building

Lot Description Other, Subdivision

Faces Southwest

Story 1

Entry Level One

Architectural Style Fourplex

Level or Stories One

New Construction No

Schools

Elementary Schools Gallegos Elementary School (Houston)

Middle Schools Edison Middle School

High Schools Austin High School (Houston)

School District 27 - Houston

Others

Tax ID 025-130-000-0011

Acceptable Financing Cash, Conventional, Investor Financing

Listing Terms Cash, Conventional, Investor Financing

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Houston Realtors Information Service / HAR MLS

Listed by Keller Williams Realty Metropolitan Elio Alanis

Nearby Locations

"At Upscale Real Estate Services, we are committed to guiding our clients in the Greater Houston area towards successful real estate investments and ownership. Our focus is on fostering generational wealth with personalized, expert advice. As a woman and minority broker-owned firm, we ensure each client achieves their real estate ambitions with confidence, striving to be their trusted advisors in building lasting legacies."

+1(832) 786-9201

info@upscalerealestateservices.com

10707 Corporate Dr, Stafford, TX, 77477, USA

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7425 Avenue E Houston, TX 77011