For Sale

$499,900

HIGHLIGHTS:
  • Active
  • $6,976/month
  • 2 DOM
  • 1 Stories
  • 0 Beds
  • 2,121 SqFT
Description

FULLY LEASED & RENOVATED 5-unit Property in East Houston. This is a **FORECLOSURE** & was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. 27 Norwood checks all the boxes!

Overview
  • MLS Number: 42581583
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,121 SqF
  • Land Size: 6,250 sqft
  • Year Built: 1935
Financial
Price:
$499,900
Price/SqFT:
$235.69
HOA Fee:
Tax Rate:
2.24236 %
Est. Monthly:
$6,976 *
Tax Amount:
$11,210
Amenities and features
  • Foreclosure
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate,Tile
    Countertop:
    Quartz
    Heating:
    No Heating
    Cooling:
    Window Units
    Dishwasher:
    No
    Disposal:
    Yes
    Compactor:
    No
    Microwave:
    No
  • Roof:
    Composition
    Exterior Type:
    Cement Board,Wood
    Lot Description:
    Other
    Parking:
    Driveway Gate
    Parking Unit:
    One

Listed By:
Christina DeLaTorre

REALM Real Estate Professionals - North Houston

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