2906 Berry Road, Houston, Texas 77093

$2,050,000
2
BD
2
BA
9,520
SqFt
List Price
$2,050,000
Status
ACTIVE
MLS#
34266885
Days on Market
45
Foreclosure
Yes
Year Built
2021
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
9,520
Lot Size
16,535
Lot Size Source
Appraisal District
Subdivision
New Berry Road Reserve A
Region
9
Market Area
Northside
County
Harris

Property Description

No HOA, Opportunity zone. not in flood zone. Modern finishes..Low maintenance new construction one building 12 units. Recent Appraisal Report value at 2.25 mil. FULLY OCCUPIED. Individual metered. Current NOI is 109,853 . Rent are scheduled to increase by at least 15 percent(still below market rent), Projected NOI for year 2023,2024 is 141,161. There are 8 unit of 2 bed rooms, 2 baths. All units with high end finishes comes with appliances, including washer and dryer. High ceilings, select units with vinyl wood-look floors and select units with wood-look tile floors. Tankless water heater, Metal Roof, 7 foot iron gate with remote access. Parking is well lit with 20 parking spaces. Certificate of occupancy and survey is uploaded Individually Metered. Very easy to rent since property is already modernized. Located 8 minutes from Downtown

Additional Information

Finance Available
Investor
Taxes
$23,750
Tax Rate
2.3307
Tax Year
2022
Heating
Central Electric
Cooling
Central Electric
Floor
Tile, Vinyl
Stories
2
Utilities
Cable, Electric, Water
Lot Description
Corner
Exterior
Brick, Cement Board
Roof
Other
Parking Description
Automatic Driveway Gate
Sqft Source
Appraisal
Energy
Attic Fan, Attic Vents, Ceiling Fans, Digital Program Thermostat, Energy Star Appliances
School District
Houston
Elementary School
Berry Elementary School (Houston)
Middle School
Patrick Henry Middle School
High School
Kashmere High School
Legal
RES A BLK 1 NEW BERRY ROAD
Section Number
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Realty.