Attic insulationExterior sheathing and sidingFire walls
Income-producing Fourplex strategically located near IAH Airport, employment centers, shopping and dining. This low-maintenance investment offers immediate cash flow with additional value-add potential. Approximately $210,000 in repairs and upgrades were completed in 2020, including the roof and decking, framing and rafters, fire walls, exterior sheathing and siding, attic insulation, HVAC, electrical, kitchens, bathrooms and interior finishes. Four identical 2-bedroom, 2-bath floor plans simplify leasing, maintenance and turnovers. Each unit includes private laundry hookups and two dedicated parking spaces. Professional property management is already in place, providing a smooth transition for the next owner. Future upside may be achieved through updated flooring, paint, fixtures, kitchens, bathrooms and curb appeal in other units. NO HOA! Well-suited for a long-term hold or 1031 exchange. Property is being sold AS-IS.
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Zillow last checked:
Listing updated:
Listed by:
Terin VargheseTREC #0685740832-768-8775,
Rasha Realty, LLC
Source: HAR,MLS#: 63743564
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Heating
Electric
Cooling
Ceiling Fan(s), Electric
Appliances
Included: Disposal, Dishwasher
Laundry: Washer/Dryer Connections
Features
Flooring: Tile
Has fireplace: Yes
Fireplace features: Fireplace
Interior area
Total structure area: 3,928
Total interior livable area: 3,928 sqft
Property
Parking
Parking features: Paved, Two Parking Units
Features
Levels: Split Level
Stories: 2
Exterior features: Balcony
Lot
Size: 8,385 Square Feet
Details
Parcel number: 1154530010010
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Brick, Cement Siding
Roof: Composition
Condition
New construction: No
Year built: 1984
Utilities & green energy
Utilities for property: Cable Connected, Electricity Available, Water Connected
Green energy
Energy efficient items: Thermostat, Lighting, HVAC
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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