2706 Isabella St, Houston, TX 77004

$529,000
5
BD
3
BA
3,202
SqFt

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List Price
$529,000
Price Change
▼ $21,000 1784241236
MLS#
42059682
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1930
Bedrooms
5
Bathrooms
3
Living Area
3,202
County
Harris
Area
4
City
Houston
Subdivision
Washington Terrace

Property Description

A well-located triplex presents a compelling multifamily investment opportunity in one of Houston’s most active inner-loop submarkets. The property currently consists of 3 separate residential units with stable income potential & offers additional upside through the potential to add a fourth studio apartment unit (subject to buyer verification, zoning, & permits) This asset is ideal for investors seeking cash flow today with future value-add expansion, as well as owner-occupants looking to offset ownership costs with rental income, making it an attractive addition to an investment portfolio. Situated at the prime intersection of Midtown & Third Ward, this property is minutes from Downtown, the Texas Medical Center, & major universities. With easy access to US-59, I-45, and I-288, & surrounded by new development, demand is strong from both owners & investors. Zoned for residential or mixed-use use with no HOA fees, it’s an ideal infill opportunity for short-term or long-term rentals.

Additional Information

Unexempt Taxes
$7,740
Lot Size
5,250
Interior Features
Balcony, Furnished, Ceiling Fans
Flooring
Laminate, Tile
Roof
Composition
Stories
2
School District
Houston
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School

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Calculator source: Real Geeks

Listing courtesy of Sabika Jafri from The Sears Group. Contact: