7301 Avenue L

Houston, TX 77011
$450,000
2800 sqft | 0.17 acres | #93661432

Description

Excellent performing investment property located in the Greater East End! 4 houses, good size lot, each home ( 700 SQ.FT per HCAD ) is a 2 bedroom 1 bath unit, each home is individually metered for gas, electricity and water! Tenants pay ALL utilities! HCAD Taxes $5,375 ( 2024 ), Insurance $4,808 / year. Current monthly gross $4350 per seller. 100% occupied, cash flow opportunity! < Current Cap 9%+ > Recent improvements have been made by the current owner! Tenants are on leases with some coming up for renewal within the year. Call for more information or to set up a site visit. Please do not walk the property without an appointment.

  • Property Details
      • Lot description:0 Up To 1/4 Acre
      • Acres:0.1745
      • Square Feet:2800
      • Property type:Multi-Family
      • Year built:1938
      • Utility features:Separate Meters
      • Subdivision:Magnolia Park 2 Numbered Blk
      • School district:27 - Houston
      • Elementary School:DE ZAVALA ELEMENTARY SCHOOL (HOUSTON)
      • Middle School:Edison Middle School
      • High School:AUSTIN HIGH SCHOOL (HOUSTON)
      • County:Harris
      • Taxes annual:$5, 375
      • MLS #:93661432
      • Cost:450000
      • Property subtype:Multi Family, Quadruplex
      • MLS #:93661432

Location

Courtney WilleyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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