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Upscale Real Estate Services

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

$720,000

Est. payment - /mo

14 Beds

7 Baths

5,550 SqFt

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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

Great investment opportunity! This fully renovated multifamily property features 7 units across two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bathroom layout and modern updates throughout. Recent exterior improvements include a new roof, new gutters, and more. A survey is available for review.

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

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Houston Realtors Information Service / HAR MLS

Listed by Walzel Properties - Katy Gustavo Alvarado

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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5017 Mallow ST Houston, TX 77033