7109 AVENUE E #12, HOUSTON, TX 77011
Homes for sale in Houston.
Homes for sale in 77011.
List Price$700,000
7109 Avenue E #12
Houston, TX 77011
Listing #38463050
10
Bedrooms
10 full
Bathrooms
2,700
Square Feet
10
Number of Units
Multi-Unit Residential
Type
About This Property
Turnkey 10-unit apartment complex fully occupied and cash flowing in the booming East Downtown Houston (EaDo) area, bringing in $8,700 per month in rental income. This prime investment opportunity immediate cash flows with all units currently leased and located in one of Houston's neighborhoods known for strong rental demand and low vacancy rates. The owner is open allowing a savvy investor to take over the and step into a performing asset. Don't miss this rare chance to own a stabilized multifamily property in one of the city's most dynamic markets.
Property Features
Location Information
County
Harris
Longitude
-95.298439
MLS Area
East End Revitalized
Subdivision
Magnolia Park Sec 02
Latitude
29.737538
Directions
Head south on I-69, exit Lockwood Dr, turn left onto Lockwood Dr, right on Canal St, left on N Cesar Chavez Blvd, continue onto Avenue E.
Interior Features
Total Number of Units
10
Exterior Features
Style
Fourplex
Lot Size in Acres
0
Stories
2
Lot Size in Sq. Ft.
7,500
Is New Construction
No
Is One Story
No
Construction
Vinyl Siding
School
School District
Houston
Middle School
EDISON MIDDLE SCHOOL
Elementary School
FRANKLIN ELEMENTARY SCHOOL (HOUSTON)
High School
AUSTIN HIGH SCHOOL (HOUSTON)
Additional Information
Finance Available
Cash, FHA, Investor Financing, VA Loan
Year Built
1930
Property Type
RI
Status
Active
Property SubType
Quadruplex
Similar Listings
Mortgage Calculator
$3,268
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,522
Monthly Tax
$583
Monthly Insurance
$163
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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