1310 LORRAINE STREET, HOUSTON, TX 77009
Homes for sale in Houston.
Homes for sale in 77009.
List Price$450,000
1310 Lorraine Street
Houston, TX 77009
Listing #45368605
5
Bedrooms
1 full
Bathrooms
4,066
Square Feet
7
Number of Units
Multi-Unit Residential
Type
About This Property
Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.
Property Features
Location Information
County
Harris
Longitude
-95.354023
MLS Area
Northside
Subdivision
Cascara
Latitude
29.778277
Directions
From I-4, exit N. Main, turn east toward downtown on Main St. for 1.5 miles or so, turn left on Hogan st., Hogan turns into Lorraine, building is on the right at Chapman St.
Interior Features
Interior
Balcony
Total Number of Units
7
Exterior Features
Style
Split Level
Lot Size in Acres
0
Stories
2
Lot Size in Sq. Ft.
4,650
Is New Construction
No
Is One Story
No
Lot Description
Corner Lot
School
School District
Houston
Middle School
MARSHALL MIDDLE SCHOOL (HOUSTON)
Elementary School
SHERMAN ELEMENTARY SCHOOL
High School
NORTHSIDE HIGH SCHOOL
Additional Information
Property Type
RI
Year Built
1945
Property SubType
Multi Family
Status
Active
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Mortgage Calculator
$2,101
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,621
Monthly Tax
$375
Monthly Insurance
$105
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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