6601 Meadowlawn Street Unit 4, Houston, Texas 77023

$550,000
1
BD
1
BA
3,120
SqFt
List Price
$550,000
Status
ACTIVE
MLS#
89172063
Days on Market
3
Unit
4
Year Built
1940
Bedrooms
1
Bathrooms
1
Full-baths
1
Living Area
3,120
Lot Size
5,750
Lot Size Source
Appraisal District
Subdivision
Idylwood
Region
4
Market Area
East End Revitalized
County
Harris

Property Description

Location, Location, Location! This Multifamily 4-plex located in the much desired Idylwood Subdivision. Quiet & well maintained, recent roof, water heaters & window units. Spacious 4 x 1 Bedroom/1 Bath (approx 780 sq/ft ea) Approx Dimensions for all units: Living Room 17x11, Dining 11x9, Kitchen 14x7, Bedroom 14x13. Private Parking provided in back. Separate meters for electric & gas, landlord pays water. All units occupied, turnover is rare & most tenants are long term. 90-95% occupancy for last 11 yrs. Property currently generates a monthly gross income of $3500, w/room to raise rents. Easy access to 1-45, I-59, I-10 & 610. Walking distance to Metro bus lines, close to UH & Downtown. This multi-family unit is Perfect for the Investor that wants to be part of this exciting & growing East End Revitalized Area. Units can be seen when an offer is accepted. Option Period will not begin until buyer views units & accepts offer to move forward.

Additional Information

Finance Available
Cash Sale, Conventional
Taxes
$3,071
Tax Rate
2.3307
Tax Year
2021
Neighborhood
Idylwood
Heating
Window Unit
Cooling
Window Units
Floor
Wood
Stories
2
Utilities
Electric, Gas, Water
Lot Description
Cleared, Corner
Exterior
Brick
Roof
Composition
Parking Description
Paved Area
Sqft Source
Appraisal District
Energy
Ceiling Fans
School District
Houston
Elementary School
Henderson J Elementary School
Middle School
Navarro Middle School (Houston)
High School
Austin High School (Houston)
Legal
LT 17 BLK 1 IDYLWOOD
Section Number
0

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty Associates.