7405 Capitol St, Houston, TX 77011

$280,000
3
BD
3
BA
1,850
SqFt

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List Price
$280,000
Status
ACTIVE
MLS#
58726982
Days on Market
1
Year Built
1938
Bedrooms
3
Bathrooms
3
Full-baths
3
Living Area
1,850
Lot Size
4,650
Lot Size Source
Appraiser
Subdivision
Schmoeller Ext Sec 01
Region
4
Market Area
East End Revitalized
County
Harris

Property Description

Triplex located in Magnolia Park, featuring three 1-bedroom, 1-bath units with two units in the front and one unit in the back! Each unit has a separate electric meter. Two units are currently occupied by long-term tenants who have each been in place for approximately two years and are paying $950 per month on a month-to-month basis. The third unit is vacant and ready to be leased immediately! The property has one shared water meter, with each tenant currently paying $50 per month toward the water expense. Conveniently located in an established Houston area with access to major roads, local businesses, shopping, dining, and nearby amenities, this property presents an opportunity for an investor seeking rental income with additional potential from the vacant unit. Buyer and Buyer's Agent to independently verify all measurements, dimensions, square footage, schools, tax information, and other property details.

Additional Information

Finance Available
Cash, Conventional, FHA, Investor Financing, Other, VA Loan
Taxes
$4,254
Neighborhood
East End Revitalized
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
1
Roof
Composition
School District
Houston
Elementary School
Carrillo Elementary School (Houston)
Middle School
Edison Middle School
High School
Austin High School (Houston)

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Metropolitan.