Clay Ryan represented the seller on this sold transaction on 08/05/2021
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This fourplex plus two additional garage apts. makes for a total of 6 rental units. According to HCAD records, the fourplex was built in 1950 and the rear structure containing the garage and two garage apts was built in 1945. The property is in original condition and has been operated as a rental property for the life of the structures. Currently the property is 100% occupied with a gross monthly income of $5,025. The lot is 50X100 and the driveway is shared with the neighbor to the west. This property offers redevelopment or renovation opportunities. Priced at or near land value, it is being sold in AS-IS condition.
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