3613 Crane Street

Houston, TX 77026

About this property

Eight-unit multifamily investment opportunity consisting of four two-bedroom units and four one-bedroom units. The property received a comprehensive interior renovation in 2023, including new cabinets, flooring, paint, doors, tubs, toilets, and tile throughout the units, providing a solid foundation for continued operation and future improvements. Major capital items have been addressed, with roofs replaced in 2020 and HVAC systems updated in 2019. The property is currently 7 of 8 units occupied, with several long-term tenants in place, supporting consistent in-place income while allowing an investor the ability to implement rent growth and operational improvements over time. This asset presents an attractive opportunity for an investor seeking existing cash flow with value-add potential, supported by recent renovations and updated major systems, while still offering room to further enhance performance

About this property

Eight-unit multifamily investment opportunity consisting of four two-bedroom units and four one-bedroom units. The property received a comprehensive interior renovation in 2023, including new cabinets, flooring, paint, doors, tubs, toilets, and tile throughout the units, providing a solid foundation for continued operation and future improvements. Major capital items have been addressed, with roofs replaced in 2020 and HVAC systems updated in 2019. The property is currently 7 of 8 units occupied, with several long-term tenants in place, supporting consistent in-place income while allowing an investor the ability to implement rent growth and operational improvements over time. This asset presents an attractive opportunity for an investor seeking existing cash flow with value-add potential, supported by recent renovations and updated major systems, while still offering room to further enhance performance

Features and Additional Information

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$750,000 Active
5,375 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Compass RE Texas, LLC - The Woodlands
1-832-899-4788
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Area Information

2 | Harris County | Crane Street Woods Sec 02

$ 750,000
This listing is play_arrow 183.1% higher than the average in the area
$ 264,950 in the area
5,375 SqFt
This listing is play_arrow 276.4% larger than the average in the area
1,428 SqFt in the area
$ 140 $/SqFt
This listing is play_arrow 24.1% less than the average in the area
$ 184 $/SqFt in the area
185 days on site
This listing is play_arrow 368.4% above the average in the area
40 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Christian Reyes
Brokerage: Compass RE Texas, LLC - The Woodlands

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