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7405 Capitol St, Houston, TX 77011

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

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List Price: $280,000
MLS#: 58726982
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 1938
Bedrooms: 3
Bathrooms: 3
Living Area: 1,850
County: Harris
Area: 4
City: Houston
Subdivision: Schmoeller Ext Sec 01

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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.

214-641-4491

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Additional Information

Unexempt Taxes: $4,254
Lot Size: 4,650
Roof: Composition
Stories: 1
School District: Houston
Elementary School: Carrillo Elementary School (Houston)
Middle School: Edison Middle School
High School: Austin High School (Houston)