3613 Crane St, Houston, TX 77026

$750,000
: 2
BD
: 1
BA
: 5,375
SqFt

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List Price: $750,000
Status: ACTIVE
MLS#: 13524875
Days on Market: 159
Year Built: 1964
Bedrooms: 2
Bathrooms: 1
Full-baths: 1
Living Area: 5,375
Lot Size: 7,448
Lot Size Source: Appraiser
Subdivision: Crane Street Woods Sec 02
Region: 2
Market Area: Northside
County: Harris

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Property Description

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

281-451-0242

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Additional Information

Finance Available: Cash, Conventional, FHA, Investor Financing, Other
Neighborhood: Northside
Interior Features: Ceiling Fans
Heating: Central, Electric, Natural Gas
Cooling: Central Air, Electric
Stories: 2
Utilities: Electricity Available, Natural Gas Available, Water Available
Lot Description: Cleared, Subdivision
Appliances: Microwave, Refrigerator
Roof: Composition
School District: Houston
Elementary School: Dogan Elementary School
Middle School: Fleming Middle School
High School: Wheatley High School