801-803 66th st St, Houston, TX 77011

5,000 Lot Sqft

Multi-Family - 5 Plus

8 Day(s) on Market

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Description

100% OCCUPIED with a 6.29% cap rate! Two neighboring residential 4-plex properties being sold together for a total of 8 units! minutes from East Downtown in the rapidly growing East End Revitalized area. Updated units, new roof Jan. 2024, exterior paint, and recently replaced balcony decking. Previous inspection reports on file. Current rents are 1 @ $700, 1 @ $775, 2 @ $800 and 4 @ $750 with the potential for increase. Owner pays for water only. Low maintenance and easy to manage. This turn-key multi-family opportunity with a strong rental history is one you wont want to miss! Please do not disturb tenants

MLS#

53825879

List Price

$775,000

Listing Status

For Sale

Address

801-803 66th st St

City

Houston

State

Zip Code

77011

County

Harris County

Subdivision

Central Park Magnolia Park (View subdivision price trend)

Legal Description

TRS 1A & 2A, 1B & 2B, BLK 76 CENTRAL PARK TO MAGNOLIA PARK

Property Type

Multi-Family - 5 Plus

Stories

Year Built

1946 /Appraisal District

Lot Size

5,000 Sqft./Appraisal District

Key Map©

494V

Market Area

East End Revitalized

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PRESENTED BY

Amy Chance Platinum

Compass RE Texas, LLC - Houston

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Exterior

Roof

Composition

Exterior Type

Cement Board

Parking

Carport Parking

Interior

Cooling

Window Units

Heating

Window Unit

Lot information

Lot Size

5,000 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional

Other Fees

Maintenance Fee

Taxes w/o Exemp

$8,545/2023

Tax Rate

2.3519

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

2.5%

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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This property may be eligible for 10 programs and up to $36,812 in down payment assistance. See More →

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.