$200,000
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6 Beds
4 Baths
660 SqFt
SOLD DATE : 06/30/2022
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Sold
Purchase Type For Sale
Square Footage 660 sqft
Price per Sqft $272
Subdivision Airline Link Add
MLS Listing ID 82703457
Sold Date 06/30/22
Bedrooms 6
Full Baths 4
Year Built 1968
Annual Tax Amount $339
Tax Year 2020
Lot Size 0.284 Acres
Property Sub-Type Multiple Detached Dwellings
Property Description
NOT in a Flood Zone. 14% return on investment. HIGH Rental demand. Sale includes a 12,000 sqft lot with 3 rental properties (2 mobile homes and 1 travel trailer) generating $28,000 per year with long term tenants on month to month ( A- $800, B- $1000 and C- $550). Unit B recently renovated and occupied, pics shown for Unit B. Based on the area the rent can be increased for Unit A - $900 and unit C- $600 easily and current expenses (for Unit A and C, Unit B pays itself) only $300 per month (electric, water, gas, trash, taxes). With current gross rent the total is $28,000 per year. VIEWING ONLY after contract acceptance, as the units are occupied.
Location
State TX
County Harris
Area Northwest Houston
Interior
Heating Window Unit
Cooling Window Units
Exterior
Utilities Available Electric, Gas, Water
Roof Type Aluminum
Building
Lot Description Cleared
Story 1
New Construction No
Schools
Elementary Schools Hill Elementary School (Aldine)
Middle Schools Garcia Middle School (Aldine)
High Schools Eisenhower High School
School District 1 - Aldine
Others
Senior Community No
Restrictions Unknown
Tax ID 088-051-000-0006
Acceptable Financing Cash Sale, Conventional, FHA, VA
Tax Rate 2.1836
Disclosures Sellers Disclosure
Listing Terms Cash Sale, Conventional, FHA, VA
Financing Cash Sale,Conventional,FHA,VA
Special Listing Condition Sellers Disclosure
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Bought with eXp Realty LLC
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