🔥Hot Deal! Value Add Triplex in Houston 77017

Harris County, Houston, TX, 77017
Sold
Listed at: June 12th, 2023
Price
$175,000
ARV
$325,000
Gross Margin
$150,000
Sq. Footage
2073
Type
Multifamily
Parking
Garage
Year build
1949
Lot size
5885.00 sqft
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

Asking price $175,000

Current Estimated Value $206,000

ARV $325,000

VALUE ADD TRIPLEX NEAR UNIVERISTY OF HOUSTON


Current Monthly Rents $2200

Market Rents $3700 a month

3bd 1 bath- $1350 market $1500-Cosmetic Only Lease till 12/23

1bd 1 bath- $850 Market $1200- Cosmetic only Lease ends 8/23

Efficiency- Vacant - Market rent $1000- Minor rehab

1 meter owner allocates water and electric back to the tenants

Roof is good.

Foundation good

Window units work well and are cold

Property Report is in documents

Photos:

https://photos.google.com/share/AF1QipM4U6D6IOvNMMOl7jDQL1C0ZfAsuPg-gUtdtsr5GwhME3gwGSh_k695hH55o0r-Kw?key=OXZuRVBHNzRvYVN3N2ludHhfVnJWTk84OURXckZR

CONTACT BLAKE FOR DETAILS

OR TO MAKE AN OFFER

972-503-6551

Please do your own due diligence. Property is being sold as-is and the buyer is to pay ALL closing costs. Price based on a cash or hard money offer. All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents, please add your commission to the sales price paid for by the buyer. NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT. Any property information received by you is proprietary information belonging to any of our company LLCs and its affiliates. Any transaction consummated by you will be pursuant to an assignment of one of our acquisitions LLC's Contract. Any unauthorized contact will be considered INTENTIONAL INTERFERENCE with a contract and may result in legal action being taken against you. Buyers are asked to perform their due diligence.
Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Elizabeth Giguere

★★★★★
★★★★★
No reviews

Disposition manager