Seller Financing
Address
505 71st Street, Houston, TX
Price
$ 3,599,900
Property Attributes
- MLS#23328050
- TypeMulti-Family
- CountyHARRIS
- CityHouston
- Area4
- NeighborhoodCentral Park
- Zip77011
- StyleMulti-Family
- Year Built1930
- Taxes$ 47000
- Price$ 3,599,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage29789
- Lot Size1.58005 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description
!!FANTASTIC INVESTMENT OPPORTUNITY!! Portfolio of 4 INCOME PRODUCING properties consisting of 52 units total. The portfolio consists of 4 properties located in 77011 (COH Opportunity Zone), 77020 (COH Opportunity Zone) and 77026. Renovations ranging from 2018-2021 include NEW FLOORING, PLUMBING, WATER HEATERS, WINDOWS, PAINT, ELECTRICAL, REMODELED KITCHENS AND BATHROOMS. Schedule your showing today!
| Elementary School | Middle School | High School |
|---|---|---|
| Franklin Elementary School (Houston) | Edison Middle School | Austin High School (Houston) |
| Price History | |
|---|---|
| 9/21/2023 | Listed $4,199,900 |
| 11/7/2023 | 5% - $3,999,900 |
| 1/11/2024 | 2% - $3,950,000 |
| 1/15/2024 | 7% - $3,695,000 |
| 2/12/2024 | 3% - $3,599,900 |
General Features
| Heating | Window Unit |
|---|---|
| Roof | Composition |
| Restrictions | None |
| Occupancy | Under 10% Vacancy |
| Full Baths | 1 |
| Year Built | 1930 |
| Subdivision | Central Park |
| Stories | 1 |
| County | Harris |
| Property Type | Multi-Family |
| Yearly Taxes | 47000 |
| Census Tract | 3109 |
| Tax Year | 2022 |
| Income Net Operating | 258000 |
| Income Gross | 412020 |
| Status | Active |
| Sub Type | Multiple Detached Dwellings |
| Directions | Properties are located in East End Revitalized and Denver Harbor. |
| City | Houston |
| Disclosures | Special Addendum |
| School District | 27 - Houston |
| Street Name | 71st |
| Geo Market Area | East End Revitalized |
| DOM | 235 |
| Elementary School | FRANKLIN ELEMENTARY SCHOOL (HOUSTON) |
| Middle School | EDISON MIDDLE SCHOOL |
| Finance Available | Cash Sale,Conventional,Investor,Owner Financing |
| High School | AUSTIN HIGH SCHOOL (HOUSTON) |
| List Type | Exclusive Right to Sell/Lease |
| Unit Total | 20 |
Interior Features
| Total Bedrooms | 2 |
|---|---|
| Sq Ft Total | 29789 |
| Sq Ft Source | Seller |
| Cool System | Window Units |
| Total Baths | 1.00 |
Exterior Features
| Lot Size Source | Other |
|---|---|
| Meters | Separate Meters |
| Lot Size | 68827 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 77011
Price
Taxes
Visits
Year Built
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
