This fourplex presents a strong investment opportunity with a large lot offering additional development potential for a duplex or triplex. Ideally located near the I-45 South feeder road and Park Place Blvd., the property provides convenient access to major Houston destinations, approximately 20 minutes from Downtown Houston and just 10 minutes from the University of Houston, making it highly appealing to prospective tenants. The property has undergone extensive exterior and major systems upgrades, including a new roof, siding, windows, electrical, and plumbing. Each unit features a separate electrical meter, providing added convenience for tenants and streamlined property management. The layout includes two first-floor units, each offering 2 bedrooms, 1 bathroom, the two upstairs units each feature 2 bedrooms, 2 bathrooms, all with a private laundry room area. A Welby Bank branch is being built accross the street for increased disirability and neighborhood improvement.
| MLS # | 5981108 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 31 |
| Listing Provided By | JLA Realty | Boris Hernandez |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,576 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 12900.00 |
| Tax Annual Amount | 7863 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77087 |
| Area | 3 |
| Subarea | Hobby Area |
| Community Name | Park Place |
| Listing VS Median (in Park Place) | |
Price: $419,000 low | high Med: $384,000 sqft: 3,576 low | high Med: 2,813 $ / sqft: $117 low | high Med: $144 On site: 31 low | high Med: 59 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77087 |
| Area | 3 |
| Subarea | Hobby Area |
| Community Name | Park Place |
| Listing VS Median (in Park Place) | |
Price: $419,000 low | high Med: $384,000 sqft: 3,576 low | high Med: 2,813 $ / sqft: $117 low | high Med: $144 On site: 31 low | high Med: 59 | |