801-803 66TH ST STREET, HOUSTON, TX 77011

Homes for sale in Houston.

Homes for sale in 77011.


Active

List Price$775,000

801-803 66th st Street

Houston, TX 77011

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

Listing #24125422

1

Bedrooms

1 full

Bathrooms

8

Number of Units

Multi-Unit Residential

Type

About This Property

Welcome to 801-803 66th St, a highly efficient, fully occupied 8-plex sitting directly in the path of progress in Houston's booming Greater East End footprint. Boasting an actual NOI of $57,741, this asset offers a low-risk position inside the Loop. The property features high-ticket capital expenditures already handled by the seller, including a recent roof, replaced water main lines, updated attic insulation. Operationally, the property is a dream value-add canvas. With room for cosmetic updates to increase equity and the building's overall net operating yield. Situated in the transitioning urban infill pocket of Magnolia Park, residents enjoy effortless access to the transit arteries of Downtown Houston, the thriving commercial corridors of EaDo, and the massive tenant bases of the University of Houston and the Port of Houston.

Property Features

Location Information

County

Harris

Longitude

-95.308347

MLS Area

East End Revitalized

Subdivision

Central Park Magnolia Park

Latitude

29.743163

Directions

From I45, turn North on to Wayside, West on Canal, and North on 66th

Interior Features

Total Number of Units

8

Exterior Features

Stories

2

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

5,000

Construction

Cement Siding

Is One Story

No

Parking Description

Carport

School

School District

Houston

Middle School

EDISON MIDDLE SCHOOL

Elementary School

TIJERINA ELEMENTARY SCHOOL

High School

AUSTIN HIGH SCHOOL (HOUSTON)

Additional Information

Finance Available

Cash, Conventional

Year Built

1946

Property Type

RI

Status

Active

Property SubType

Multi Family

Similar Listings

Mortgage Calculator

$3,617

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,792

Monthly Tax

$645

Monthly Insurance

$180

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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