$1,150,000
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2 Beds
1 Bath
5,936 SqFt
SOLD DATE : 09/23/2022
Key Details
Property Type Multi-Family
Sub Type 5 Plus
Listing Status Sold
Purchase Type For Sale
Square Footage 5,936 sqft
Price per Sqft $185
Subdivision Magnolia Park
MLS Listing ID 76161150
Sold Date 09/23/22
Bedrooms 2
Full Baths 1
Year Built 1930
Annual Tax Amount $11,214
Tax Year 2021
Lot Size 10,000 Sqft
Property Description
Solid multi-family investment opportunity located in Greater East End! There are 3 building on 10,000 sf lot: 7016 Avenue F (Duplex), 7018 Avenue F (Tri-Plex), 7018 1/2 Avenue F (8-Plex)! Does have COO from City of Houston. Lot size 10,000 sq ft** Total of 13 units, 12 One Bedrooms and 1 Two Bedroom, Currently set up as all bills paid- Section 8 Tenancy. There are electric meters for each unit. 100% occupancy in Magnolia Park. 1/2 mile from Metro Rail (6 Blocks) which plans are in place to extend MetroRail from Magnolia Park to Hobby Airport.
DO NO DISTURB TENANTS-Walk Thru Contingent upon acceptable LOI and POF/Preapproval.
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Central Electric
Cooling Window Units
Flooring Tile, Vinyl, Wood
Exterior
Utilities Available Electric, Gas, Water
Roof Type Composition
Parking Type Paved Area
Building
Story 2
Structure Type Cement Board
New Construction No
Schools
Elementary Schools Franklin Elementary School (Houston)
Middle Schools Edison Middle School
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Restrictions None
Tax ID 039-023-000-0042
Energy Description Ceiling Fans,Insulation - Blown Cellulose,Tankless/On-Demand H2O Heater
Acceptable Financing Cash Sale, Investor
Tax Rate 2.3307
Disclosures Owner/Agent
Listing Terms Cash Sale, Investor
Financing Cash Sale,Investor
Special Listing Condition Owner/Agent
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