$450,000
For Sale

7301 Avenue L

Houston, TX 77011
2800 sqft | 0.17 acres | #93661432
Browse 34 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Excellent performing investment property located in the Greater East End! 4 houses, good size lot, each home ( 700 SQ.FT per HCAD ) is a 2 bedroom 1 bath unit, each home is individually metered for gas, electricity and water! Tenants pay ALL utilities! HCAD Taxes $5,375 ( 2024 ), Insurance $4,808 / year. Current monthly gross $4350 per seller. 100% occupied, cash flow opportunity! < Current Cap 9%+ > Recent improvements have been made by the current owner! Tenants are on leases with some coming up for renewal within the year. Call for more information or to set up a site visit. Please do not walk the property without an appointment.

  • Property Details
      • Elementary SchoolDE ZAVALA ELEMENTARY SCHOOL (HOUSTON)
      • SubdivisionMagnolia Park 2 Numbered Blk
      • High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
      • Property SubtypeMulti Family, Quadruplex
      • Middle SchoolEdison Middle School
      • Lot Description0 Up To 1/4 Acre
      • Utility FeaturesSeparate Meters
      • Property TypeMulti-Family
      • School District27 - Houston
      • MLS #93661432
      • MLS #93661432
      • Acres0.1745
      • CountyHarris
      • Taxes Annual$5,375
      • Cost450000
      • Square Feet2800
      • Year Built1938

Location

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Interest Rate

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6.0%

Tax Rate

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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