3741 Charleston Street

Houston, TX 77021

About this property

Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside Terrace. Consistently occupied with short-term tenants at a 7.36% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 6 bathrooms, large living room, washer/dryer, above ground pool, and sleeps up to 22 guests. Perfect for gathering with family and friends. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.

About this property

Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside Terrace. Consistently occupied with short-term tenants at a 7.36% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 6 bathrooms, large living room, washer/dryer, above ground pool, and sleeps up to 22 guests. Perfect for gathering with family and friends. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.

Features and Additional Information

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$1,100,000 Active
9 Bed(s)
6
Baths
3,747 sqft

Presented By Coldwell Banker Commercial Gateway

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Area Information

4 | Harris County | Riverside Terrace

$ 1,100,000
This listing is play_arrow 83.6% higher than the average in the area
$ 599,000 in the area
3,747 SqFt
This listing is play_arrow 34.6% larger than the average in the area
2,784 SqFt in the area
$ 294 $/SqFt
This listing is play_arrow 36.4% more than the average in the area
$ 215 $/SqFt in the area
72 days on site
This listing is play_arrow 125.0% above the average in the area
32 days on site in the area

Schools in the Area

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Listed By Krista Lancton
Brokerage: CB&A, Realtors

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