Description
Income-producing Fourplex strategically located near IAH Airport, employment centers, shopping and dining. This low-maintenance investment offers immediate cash flow with additional value-add potential. Approximately $210,000 in repairs and upgrades were completed in 2020, including the roof and decking, framing and rafters, fire walls, exterior sheathing and siding, attic insulation, HVAC, electrical, kitchens, bathrooms and interior finishes. Four identical 2-bedroom, 2-bath floor plans simplify leasing, maintenance and turnovers. Each unit includes private laundry hookups and two dedicated parking spaces. Professional property management is already in place, providing a smooth transition for the next owner. Future upside may be achieved through updated flooring, paint, fixtures, kitchens, bathrooms and curb appeal in other units. NO HOA! Well-suited for a long-term hold or 1031 exchange. Property is being sold AS-IS.
Details
| MLS # | 63743564 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 37 |
| Listing Provided By | Rasha Realty, LLC | Terin Varghese |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,928 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 8385.00 |
Parking
| Parking Features | Paved |
|---|
Taxes
| Tax Annual Amount | 9115 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Humble |
| Zip Code | 77338 |
| Area | 1 |
| Subarea | Humble Area East |
| Community Name | Memorial Glen West |
| Listing VS Median (in Memorial Glen West) | |
Price: $475,000 low | high Med: $475,000 sqft: 3,928 low | high Med: 3,928 $ / sqft: $121 low | high Med: $121 On site: 37 low | high Med: 37 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Humble |
| Zip Code | 77338 |
| Area | 1 |
| Subarea | Humble Area East |
| Community Name | Memorial Glen West |
| Listing VS Median (in Memorial Glen West) | |
Price: $475,000 low | high Med: $475,000 sqft: 3,928 low | high Med: 3,928 $ / sqft: $121 low | high Med: $121 On site: 37 low | high Med: 37 | |
