Explore the potential of this 3-bedroom, 2-bathroom Single Family Home located in the dynamic city of Houston. Whether you're an investor looking for rental income or a savvy renovator seeking a fix and flip project, this property offers a range of exciting possibilities.
🛏️ Bedrooms: This property features 3 spacious bedrooms, providing ample space for comfortable living.
🛁 Bathrooms: Enjoy the convenience of 2 bathrooms, ideal for both residents and potential renters.
🏡 Living Space: With 1,185 square feet of living space, there's room to get creative with your renovation plans.
🌳 Lot Size: Situated on a generous 6,710 square foot lot, you have the flexibility to expand or enhance the property to maximize its value.
Updates Made:
- Electrical system has been redone, ensuring modern safety standards.
- One of the bathrooms has been replumbed.
- New drywall has been installed, offering a fresh start for your renovations.
Updates Needed:
This property is currently in rough shape and requires a full rehab. Key areas that need attention include:
- A new roof for protection and property value.
- Addition of a laundry room.
- Installation of a new AC system for comfort.
- Needs a new electrical panel
Investment Opportunities:
- Rental Potential: The local rental market supports rates of up to $1,500, making this property an attractive option for generating steady rental income.
- Fix and Flip: The After Repair Value (ARV) for this property is estimated at $210,000, providing an excellent opportunity for a profitable fix and flip project. With the right renovations, you can unlock its full market potential.
Bedrooms | |
Bathrooms | |
Sq. footage |