146 MILBY STREET, HOUSTON, TX 77003
Homes for sale in Houston.
Homes for sale in 77003.
146 Milby Street
Houston, TX 77003
List Price$390,000
Listing #67688898
6
Bedrooms
4 full
Bathrooms
1,872
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
A profitable & easy-to-maintain 4-plex in the heart of East Downtown, this partially rented property delivers steady year-round income plus major system upgrades for hassle-free ownership. Surrounded by rapid residential & commercial growth, it sits minutes from Navigation Blvd's dining scene, Downtown, EaDo nightlife, the East River project, UH & major highways. Current owners invested heavily in improvements, including new PEX plumbing in all units, new electrical breakers/boxes, all new water heaters, underground plumbing replacement, new security gate & motion lights, fencing repairs, washer/dryer hook-ups in one unit, plus foundation work & reframing of the garage. One unit features a refreshed kitchen & other cosmetic updates throughout. Units have strong rent history making this a prime opportunity for investors seeking cash flow in a high-demand, fast-appreciating pocket of the city. A rare chance to secure a turn-key income property! (unit 1 tenant occupied - no photos)
Virtual Tour
Property Features
Location Information
County
Harris
Longitude
-95.334445
MLS Area
East End Revitalized
Subdivision
Shannon
Latitude
29.751304
Directions
From Downtown Houston, head east on Navigation Blvd, then turn right on N Milby St. Property will be on the left.
Interior Features
Total Number of Units
4
Exterior Features
Style
Split Level, Fourplex
Lot Description
Subdivision
Stories
1
Lot Size in Acres
0
Is New Construction
No
Lot Size in Sq. Ft.
4,500
Construction
Cement Siding
Is One Story
Yes
Parking Description
Electric Gate
School
School District
Houston
Middle School
NAVARRO MIDDLE SCHOOL (HOUSTON)
Elementary School
BURNET ELEMENTARY SCHOOL (HOUSTON)
High School
AUSTIN HIGH SCHOOL (HOUSTON)
Additional Information
Finance Available
Cash, Conventional, FHA, VA Loan
Year Built
1935
Property Type
RI
Status
Active
Property SubType
Quadruplex
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Mortgage Calculator
$1,821
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,405
Monthly Tax
$325
Monthly Insurance
$91
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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