A well-located triplex presents a compelling multifamily investment opportunity in one of Houston’s most active inner-loop submarkets. The property currently consists of 3 separate residential units with stable income potential & offers additional upside through the potential to add a fourth studio apartment unit (subject to buyer verification, zoning, & permits) This asset is ideal for investors seeking cash flow today with future value-add expansion, as well as owner-occupants looking to offset ownership costs with rental income, making it an attractive addition to an investment portfolio. Situated at the prime intersection of Midtown & Third Ward, this property is minutes from Downtown, the Texas Medical Center, & major universities. With easy access to US-59, I-45, and I-288, & surrounded by new development, demand is strong from both owners & investors. Zoned for residential or mixed-use use with no HOA fees, it’s an ideal infill opportunity for short-term or long-term rentals.
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Zillow last checked:
Listing updated:
Listed by:
Sabika JafriTREC #0670598832-620-9281,
The Sears Group
Source: HAR,MLS#: 42059682
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3
Heating
Natural Gas, Window Unit
Cooling
Ceiling Fan(s), Electric, Window Unit(s)
Appliances
Included: Microwave, Dishwasher, Refrigerator
Features
Flooring: Laminate, Tile
Furnished: Yes
Interior area
Total structure area: 2,674
Total interior livable area: 2,674 sqft
Property
Parking
Parking features: Garage
Has garage: Yes
Features
Stories: 2
Exterior features: Balcony
Lot
Size: 5,248 Square Feet
Details
Parcel number: 0611560180008
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Brick
Roof: Composition
Condition
New construction: No
Year built: 1930
Utilities & green energy
Utilities for property: Electricity Available, Natural Gas Connected, Water Connected