801-803 66th St

Houston, TX 77011
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For Sale
Active
$825,000
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5,000 Lot Sqft
Multi-Family - 5 Plus

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Description

100% OCCUPIED! Two neighboring residential 4-plex properties being sold together for a total of 8 units! minutes from East Downtown in the rapidly growing East End Revitalized area. Updated units, new roof Jan. 2024, exterior paint, and recently replaced balcony decking. City inspection recently completed and passed. Current rents are 1 @ $775, 1 @ $700, and 6 @ $750 with the potential for increase. Current cap rate at 5.9%. Owner pays for water only. Low maintenance and easy to manage. This turn-key multi-family opportunity with a strong rental history is one you wont want to miss! Please do not disturb tenants

Documents
MLS#
33224272
List Price
$825,0002.94%
Listing Status
For Sale
Address
801-803 66th St
City
State
TX
Zip Code
County
Legal Description
TRS 1A & 2A, 1B & 2B, BLK 76 CENTRAL PARK TO MAGNOLIA PARK
Property Type
Multi-Family - 5 Plus
Stories
2
Year Built
1946 /Appraisal District
Lot Size
5,000 Sqft./Appraisal District
Key Map©
494V
Market Area

Exterior

Roof
Composition
Exterior Type
Cement Board
Parking
Carport Parking

Interior

Cooling
Window Units
Heating
Window Unit

Lot information

Lot Size
5,000 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
No
Maintenance Fee
No
Taxes w/o Exemp
$8,545/2023
Tax Rate
2.3519

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
2.5%
Sub Agent Compensation*
0%

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

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Down Payment Assistance

Down Payment Assistance
This property may be eligible for 11 programs and up to $39,187 in down payment assistance.  See More →

Mortgage

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Estimated Monthly Payments

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Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated Apr 29, 2024 at 02:47 PM
Listing last updated Apr 15, 2024 at 12:07 PM

801-803 66th St, Houston, TX 77011. View photos, map, tax, nearby homes for sale, home values, school info...

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