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Key Facts

Type Multi Family, 5 Plus
Levels Residential Income
Size 3053 sqft
Garage No
Taxes $14,558
Days Active 111
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $311
MLS® Number 7252518

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Kevin Riles Commercial is pleased to offer this exceptional investment opportunity in Houston’s Park Place neighborhood! This 12-unit apartment complex offers a unique mix of long-term and short-term rental income, making it ideal for a first-time multifamily investor or a seasoned buyer looking to expand their portfolio. Property Highlights: -12 one-bedroom units - Six units currently operating as Airbnb rentals – fully furnished and recently updated - Six traditional rental units – offering an opportunity to renovate and increase value - Upgraded parking lot and recent capital improvements completed by the current owner - Potential for higher revenue by converting additional units to short-term rentals Prime Location: - Near 610 South & I-45 South for easy accessibility - Just north of Houston Botanic Garden - 13 minutes to Hobby Airport - 20 minutes to Downtown HoustonShow Description
MLS® Number7252518
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2755
Exterior
GarageNo
Approx. Age1940
Basement
Driveway
Garage Spaces
HeatWindow Unit
A/CWindow Unit(s)
Heating Fuel

Extras

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