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For Sale 77020 Houston

3414 Market St

Houston, TX 77020

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For Sale

Under Contract - OP

$329,500

Est. Mortgage 1,793/month

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3,024 Sqft. ($109/Sqft.)

10,000 Lot Sqft

Multi-Family - Fourplex

5 Day(s) on Market

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Description

> Two duplexes located close to Downtown and Houston's 5th Ward Cultural Arts District! < Up and coming area on a large 10,000 SF lot that fronts on 2 streets; Market Street and Vernon Street in 77020. Anchored by many recent public improvements; Bike lanes along Lyons Avenue, revitalized and historic DeLUXE Theater, Mickey Leland College Preparatory Academy and more.. Property features two duplexes, each unit is 2 bedrooms, total of four 2-bedroom units, 100% occupied, rents; $860, $750, $750, $750, total gross rent; $3,110 / month, tenants pay for their own electricity, owner pays for water only. Large lot 10,000 SF, dimensions 100 x 100, lot fronts on Market st and Vernon St to the South, ideal lot for residential development. Buy now and hold this income producing property with an estimated cap rate of 9%. Do not disturb the tenants, appointment required to walk the property.

MLS#

27710509

List Price

$329,500 ($109/Sqft.)

Listing Status

Under Contract - OP

Address

3414 Market St

City

Houston

State

Zip Code

77020

County

Harris County

Subdivision

Long J C (View subdivision price trend)

Legal Description

LTS 14 & 16 LONG J C

Property Type

Multi-Family - Fourplex

Stories

Building Size

3,024 Sqft/Appraisal District

Year Built

1930 /Appraisal District

Lot Size

10,000 Sqft./Appraisal District

Key Map©

494F

Market Area

Denver Harbor

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Eric Garcia Platinum

Carlos Garcia Realty, Inc.

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Exterior

Roof

Slate

Front Door Face

North

Interior

Cooling

Window Units

Heating

Space Heater

Compactor

Dishwasher

Disposal

Microwave

Energy Feature

Ceiling Fans

Rooms

Unit2 Bed1

10 x 10

Unit2 Bed2

10 x 10

2 Bdr #

Lot information

Lot Size

10,000 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional

Other Fees

Maintenance Fee

Taxes w/o Exemp

$4,311/2023

Tax Rate

2.0148

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

This property may be eligible for 23 programs and up to $15,651 in down payment assistance. See More →

Mortgage

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Estimated Monthly Payments

LIST PRICE

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Annual Interest Rate Estimated Monthly Principal & Interest

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.