$949,000
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4 Beds
2 Baths
4,416 SqFt
SOLD DATE : 04/24/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,416 sqft
Price per Sqft $213
Subdivision Washington Terrace
MLS Listing ID 35597355
Sold Date 04/24/24
Bedrooms 4
Full Baths 2
Year Built 1934
Annual Tax Amount $14,050
Tax Year 2022
Lot Size 6,825 Sqft
Property Description
Come see this AMAZING Investment Opportunity in Washington Terrace! It is currently set up as a Vacation Rental that sleeps 24 and has produced over 135k in gross revenue in 2023. This listing also has a 4.98 star rating on Airbnb with over 40 reviews. ALL property items and furniture are included in sale! This property was fully renovated in 2021 with over 300k in improvements. All applications have been replaced or repaired. The downstairs unit is a 3/2 with a large common area and kitchen for entertainment, and the upstairs unit is a 4/2 with a smaller common area but an extra bedroom. Between the units it has 7 bedrooms, 4 bathrooms, 2 kitchens, 2 living rooms, 2 ensuites, 2 sets of washers and dryers, and much more. The property is FULLY fenced with 6.5' wrought iron. It also features an automatic driveway gate for security. Cap rate 8.75% at asking. Make this income producing property yours today!
Location
State TX
County Harris
Area University Area
Interior
Heating Central Gas
Cooling Central Electric
Flooring Vinyl Plank
Exterior
Utilities Available Electric, Gas
Roof Type Composition
Accessibility Automatic Gate, Driveway Gate
Parking Type Automatic Driveway Gate, Paved Area
Building
Lot Description Corner
Faces South
Story 2
Unit Features Fireplace,Furnished
Structure Type Brick,Cement Board
New Construction No
Schools
Elementary Schools Lockhart Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Senior Community No
Restrictions None
Tax ID 061-154-000-0012
Energy Description Attic Fan,Attic Vents,Ceiling Fans,Digital Program Thermostat,Energy Star Appliances,Insulated/Low-E windows,Insulation - Blown Fiberglass
Acceptable Financing Cash Sale, Conventional
Tax Rate 2.3169
Disclosures Owner/Agent, Sellers Disclosure
Listing Terms Cash Sale, Conventional
Financing Cash Sale,Conventional
Special Listing Condition Owner/Agent, Sellers Disclosure
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