7109 AVENUE E #12, HOUSTON, TX 77011

Homes for sale in Houston.

Homes for sale in 77011.


Active

List Price$700,000

7109 Avenue E #12

Houston, TX 77011

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

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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