1959 RICHMOND AVENUE, HOUSTON, TX 77098

Homes for sale in Houston.

Homes for sale in 77098.


1959 Richmond Avenue

Houston, TX 77098

Status of the property has changed, please contact for details

List Price$739,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #96001183

2

Bedrooms

2 full

Bathrooms

4,406

Square Feet

Multi-Unit Residential

Type

About This Property

Fully Leased, Cash-Flowing Fourplex. Outstanding investment opportunity with strong, consistent rental income. The main house offers two spacious side-by-side units. Each featuring 2 bedrooms, 1.5 baths, 2sunrooms, a full kitchen, and a private laundry room. In the rear structure, you'll find two studio apartments upstairs, plus a framed but unfinished lower level--perfect for converting into a 5th unit, storage, or additional parking to further maximize income potential. Recent upgrades include a brand-new roof and new appliances, making this a low-maintenance, turnkey property for savvy investors.

Virtual Tour

Property Features

Location Information

County

Harris

Geo Market Area

Montrose

MLS Area

16

Subdivision

Richmond Place

Latitude

29.734051

Directions

start by heading east on I-10 toward downtown. Take Exit 763 to merge onto I-610 South and continue for about 4 miles. Then, take the exit for Richmond Avenue and turn left onto Richmond. Drive east on Richmond Avenue for approximately 2.5 miles. The destination, 1959 Richmond Ave, will be on your right, located between Shepherd Drive and Montrose Boulevard

Longitude

-95.409437

Interior Features

Has Fireplace

No

Exterior Features

Stories

2

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

5,400

Has Garage

No

Is One Story

No

School

School District

Houston

Middle School

LANIER MIDDLE SCHOOL

Elementary School

POE ELEMENTARY SCHOOL

High School

LAMAR HIGH SCHOOL (HOUSTON)

Additional Information

Property Type

RI

Year Built

1930

Property SubType

Multi-Family

Status

Active

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Mortgage Calculator

$3,450

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,663

Monthly Tax

$615

Monthly Insurance

$172

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

Listing Courtesy of: Great Western Realty

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