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$549,000

2501 Truxillo Street 1-7, Houston, TX, 77004

On MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,312 Sq Ft
Multi FamilyMulti Family
price_per_sqft$237.46 / sqft
Year BuiltBuilt in 1930

About this property

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

Investor Tools

$0Estimated Mortgage Balance
$549,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Ryan St George

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Houston

2501 Truxillo Street 1-7 | Property Details | No Agent List