$724,000
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6 Beds
3 Baths
2,876 SqFt
SOLD DATE : 04/12/2024
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,876 sqft
Price per Sqft $234
Subdivision West Lancaster Place
MLS Listing ID 83437179
Bedrooms 6
Full Baths 3
Year Built 1940
Annual Tax Amount $12,734
Tax Year 2022
Lot Size 6,250 Sqft
Property Description
GREAT INVESTMENT OPPORTUNITY - 3 unit property. Main building is a Duplex (2,878' PER HCAD) with 1,400'+ up and down. There is an efficiency apartment above the 2 car carport that includes a shared laundry room. HCAD has this measured at 600', for a total living area of 3,476' in the 3 units. Two covered and 4 uncovered parking spots located on the property. Two of the units are occupied (downstairs duplex and garage apartment) with month to month leases; Downstairs Unit - $1,650 per month (10 year+ tenant), Upstairs Unit is currently vacant with previous rent of $1,400 per month (15 year+ tenant), Garage Apartment - $1,200 per month (1 year tenant). The upstairs duplex unit has been prepped and is ready to be painted. Seller makes no warranties regarding the structures. All per seller.
There are two water meters for the property and landlord pays both water bills. One meter is for the duplex, the other for the garage apt.
Location
State TX
County Harris
Area Montrose
Interior
Heating Central Gas
Cooling Central Electric
Flooring Wood
Exterior
Roof Type Composition
Building
Story 2
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools Poe Elementary School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Acceptable Financing Cash Sale, Conventional
Listing Terms Cash Sale, Conventional
Special Listing Condition Sellers Disclosure, Tenant Occupied
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Bought with Promark Realty Group
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