2501 Truxillo St Unit 1-7, Houston, TX 77004
- $549,000
- 2
- BD
- 2
- BA
- 2,312
- SqFt
- List Price
- $549,000
- Status
- ACTIVE
- MLS#
- 7873636
- Days on Market
- 59
- Unit
- 1-7
- Year Built
- 1930
- Bedrooms
- 2
- Bathrooms
- 2
- Full-baths
- 2
- Living Area
- 2,312
- Lot Size
- 5,250
- Lot Size Source
- Appraiser
- Subdivision
- Washington Terrace
- Region
- 4
- Market Area
- University Area
- County
- Harris
Property Description
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
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Additional Information
- Taxes
- $8,077
- Neighborhood
- University Area
- Heating
- Central, Electric, Natural Gas
- Cooling
- Central Air, Electric, Gas
- Stories
- 2
- Roof
- Tile/Clay
- School District
- Houston
- Elementary School
- Blackshear Elementary School (Houston)
- Middle School
- Cullen Middle School (Houston)
- High School
- Yates High School
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Listing courtesy of Nextgen Real Estate Properties.