Available
$140,000(ARV: $295,000)47% of ARV

Harris County, Houston, TX 77091

6 bd5 ba2,564 sfBuilt 1952

5 days ago

Gross spread$155,000

Description

MULTI-FAMILY INVESTMENT OPPORTUNITY Main brick 3/2 home w/ 3 additional 1/1 units. Includes guest unit above the carport and 2 more units in back. Candidate for light rehab and get tenants in place or full rehab. Seize this enticing opportunity with a multifamily home that's perfect for savvy investors. Featuring 4 units with a total of 6 bedrooms, 5 bathrooms, and a spacious kitchen, it's designed for ease and income. All units have a private entrance. The outdoor space also ensures a comfortable lifestyle. The property features community laundry facilities, enhancing convenience and value for tenants. With a mix of rental units generating income and a private rear apartment offering flexibility, it's an ideal investment opportunity. Storage building in back. All appliances on premises convey. With some repairs and maintenance it can be ready to go! Leasing History: Unit 1: 3|2 with Full Kitchen $1,500/mo. Unit 2: 1|1 $700/mo. Unit 3: 1|1 w/ kitchenette $550/mo. Unit 4: 1|1 $500/mo. Call [contact details hidden] or email [contact details hidden] for access This is a bank owned foreclosure selling off market by the owner. This IS NOT under contract and not an assignment. This is a limited oppotunity to purchase direct from the bank before the property hits the market.

$/sqft vs market

This deal$55/sqft
Market median$156/sqft
Difference−65% below

Median of 22 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms6
Bathrooms5
Square feet2,564
Lot size5,619 sf
Year built1952
ConditionLight Rehab
OccupancyVacant
ParkingCarport

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationSlab

Self-reported by the seller. Not inspected.

Property information

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