1214 W 5th Street

Freeport, TX 77541

About this property

Excellent investment opportunity! This recently remodeled property features two separate homes, both currently leased and producing rental incomean ideal addition for investors looking to start or expand their rental portfolio. The front home offers 3 bedrooms and 1 bath with fresh interior and exterior paint, a spacious living room, a separate dining area open to the kitchen, granite countertops, tiled backsplash, and a beautifully updated stand-up shower with glass doors. The bedrooms feature new flooring, creating a fresh, modern feel throughout. The detached rear home is a fully updated 2-bedroom, 1-bath residence complete with a full kitchen, cozy living and dining area, and a stand-up shower with handrails. Both homes are equipped with energy-efficient mini-split systems for year-round comfort. With two income-producing units already occupied by tenants, this turnkey investment offers immediate cash flow and an excellent opportunity for both new and seasoned investors.

About this property

Excellent investment opportunity! This recently remodeled property features two separate homes, both currently leased and producing rental incomean ideal addition for investors looking to start or expand their rental portfolio. The front home offers 3 bedrooms and 1 bath with fresh interior and exterior paint, a spacious living room, a separate dining area open to the kitchen, granite countertops, tiled backsplash, and a beautifully updated stand-up shower with glass doors. The bedrooms feature new flooring, creating a fresh, modern feel throughout. The detached rear home is a fully updated 2-bedroom, 1-bath residence complete with a full kitchen, cozy living and dining area, and a stand-up shower with handrails. Both homes are equipped with energy-efficient mini-split systems for year-round comfort. With two income-producing units already occupied by tenants, this turnkey investment offers immediate cash flow and an excellent opportunity for both new and seasoned investors.

Features and Additional Information

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$189,500 Active
5 Bed(s)
2
Baths
1,948 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Greg Flaniken & Associates
1-979-233-7828
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Area Information

5 | Brazoria County | Freeport

$ 189,500
This listing is play_arrow 45.8% higher than the average in the area
$ 129,999 in the area
1,948 SqFt
This listing is play_arrow 91.7% larger than the average in the area
1,016 SqFt in the area
$ 97 $/SqFt
This listing is play_arrow 24.0% less than the average in the area
$ 128 $/SqFt in the area
171 days on site
This listing is play_arrow 280.0% above the average in the area
45 days on site in the area

Schools in the Area

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Listed By Marisol Diaz
Brokerage: Greg Flaniken & Associates

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