For Sale

$259,000

HIGHLIGHTS:
  • Pending
  • $3,693/month
  • 8 DOM
  • 2 Stories
  • 0 Beds
  • 1,744 SqFT
Description

Excellent investment opportunity in the vibrant Magnolia Park neighborhood, being sold as is! This triplex offers strong income potential, ideal for investors or those looking to live in one unit while renting out the others. The property is conveniently located close to schools, a public park within walking distance, and easy access to major roads for seamless transit options. The front unit is a comfortable 2-bedroom, 1-bath residence, while the back houses a 2-story duplex, each unit featuring 1 bedroom and 1 bath. Income Breakdown: The front unit is vacant and could bring in $1,300 per month. The second unit, recently vacated, was previously rented for $900/month, and the third unit has been occupied since March 2024 at $850/month. All including utilities, only 1 meter for the entire property.

Overview
  • MLS Number: 29324385
  • Type: Multi-Family - Triplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 1,744 SqF
  • Land Size: 5,000 sqft
  • Year Built: 1930
Financial
Price:
$259,000
Price/SqFT:
$148.51
HOA Fee:
Tax Rate:
2.16481 %
Est. Monthly:
$3,693 *
Tax Amount:
$5,607
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Wood Shingle

Listed By:
Carolina Angel Gutierrez

eXp Realty LLC

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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