2501 Truxillo Street 1-7

Houston, TX 77004

About this property

Income-producing investment property with exceptional upside potential and no HOA or restrictions. This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info

About this property

Income-producing investment property with exceptional upside potential and no HOA or restrictions. This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info

Features and Additional Information

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$498,000 Active
2 Bed(s)
2
Baths
2,312 sqft

Presented By Coldwell Banker Commercial Gateway

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Area Information

4 | Harris County | Washington Terrace

$ 498,000
This listing is play_arrow 330.2% higher than the average in the area
$ 115,750 in the area
2,312 SqFt
This listing is play_arrow 10.9% smaller than the average in the area
2,594 SqFt in the area
$ 215 $/SqFt
This listing is play_arrow 218.9% more than the average in the area
$ 68 $/SqFt in the area
91 days on site
This listing is play_arrow 3.7% below the average in the area
95 days on site in the area

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Listed By Ryan St George
Brokerage: Nextgen Real Estate Properties

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