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Houston,TX 77008
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sunset Heights
MLS Listing ID 50218104
HOA Y/N No
Property Description
Income Generating Property! Excellent buy-and-hold opportunity with long-term development potential — property can be subdivided into 10 LOTS for NEW HOMES. Five fully occupied units plus an additional short-term rental unit producing a total of $7,330/month in rental income. Property also includes a garage previously converted into an apartment that can be renovated into another income-producing unit. On-site coin-operated laundry adds additional revenue. All units are currently rented, and leases are open — owner states rents can be raised easily for higher gross income. New commercial and residential construction is actively surrounding this property, adding value and demand to the area. Rent roll available upon request!
Location
State TX
County Harris
Area Heights/Greater Heights
Interior
Fireplace No
Exterior
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available
Water Access Desc Public
Building
Lot Description Subdivision
Sewer Public Sewer
Water Public
Schools
Elementary Schools Field Elementary School
Middle Schools Hamilton Middle School (Houston)
High Schools Heights High School
School District 27 - Houston
Others
Tax ID 035-076-011-0016
Acceptable Financing Cash,Conventional,FHA,Investor Financing,VA Loan
Listing Terms Cash,Conventional,FHA,Investor Financing,VA Loan