716 S 79th ST new

Houston,TX 77012

$ 529000

- Bed

1 Bath

2888 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Plus

Listing Status Active

Purchase Type For Sale

Square Footage 2,888 sqft

Price per Sqft $183

Subdivision Magnolia Park Sec 02

MLS Listing ID 43091093

Full Baths 1

Year Built 1940

Annual Tax Amount $4,625

Tax Year 2024

Lot Size 5,000 Sqft

Property Description

Location! Location! Excellent opportunity to purchase an income-generating SIX-PLEX in the fast-growing EAST END community. Perfect for investors interested in adding to their rental portfolio and first-time home buyers looking to build wealth through real estate. Monthly gross rents of $4905. Fully occupied with several long-term tenants. Tenants have onsite assigned parking and off-street parking. The City of Houston recently installed new sidewalks and drainage throughout the neighborhood. Conveniently located near Metro rail and bus routes. Utilities paid by landlord. Additional income potential converting existing storage unit into a coin operated washer & dryer. Must provide proof of funds with all offers. Do not disturb tenants. Property sold AS IS. Verify dimensions.

Location

State TX

County Harris

Area East End Revitalized

Interior

Heating Other Heating

Cooling Window Units

Flooring Tile,Vinyl

Exterior

Utilities Available Electric,Gas,Water

Roof Type Composition

Building

Lot Description Corner

Story 1

Unit Features Patio

Structure Type Cement Board,Wood

New Construction No

Schools

Elementary Schools Gallegos Elementary School (Houston)

Middle Schools Edison Middle School

High Schools Milby High School

School District 27 - Houston

Others

Senior Community No

Restrictions Unknown

Tax ID 025-242-000-0029

Energy Description Ceiling Fans

Acceptable Financing Cash Sale,Conventional,Investor

Tax Rate 2.1648

Disclosures Sellers Disclosure,Tenant Occupied

Listing Terms Cash Sale,Conventional,Investor

Financing Cash Sale,Conventional,Investor

Special Listing Condition Sellers Disclosure,Tenant Occupied

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