$724,900
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3901 Delano ST Houston, TX 77004
5 Beds
2 Baths
3,967 SqFt
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Sold
Purchase Type For Sale
Square Footage 3,967 sqft
Price per Sqft $182
Subdivision Washington Terrace
MLS Listing ID 56879958
Sold Date 05/30/23
Bedrooms 5
Full Baths 2
Year Built 1936
Annual Tax Amount $6,678
Tax Year 2022
Lot Size 5,775 Sqft
Property Description
Real estate has proven to be an effective investment tool during times of financial instability and recession. Do not pass up this phenomenal income producing property that includes two buildings (2802/2804 Truxillo and 3901 Delano) close to mid-town, downtown, universities and medical center.The apartments can be configured in different ways to attract more potential renters.The two apartments at 3901 Delano have an interior door that connects both apartments into a larger apartment to accommodate more guests. There is also a third floor at 2802 Truxillo apartment with three extra rooms that can accommodate more guests. 2802 and 2804 can be combined into a large apartment through an interior door. Lots of potential in this multi-functional furnished apartments. Lots of new businesses are moving into the area through a revival of Emancipation Street. Students from TSU and University of Houston are a continuous market. Airbnb bookings in the area have increased 105% from a year ago.
Location
State TX
County Harris
Area University Area
Interior
Heating Central Electric, Central Gas
Cooling Central Electric
Flooring Carpet, Engineered Wood, Tile, Wood
Exterior
Utilities Available Electric, Gas, Water
Roof Type Composition
Building
Lot Description Corner
Story 3
Unit Features Balcony,Carpets,Fenced Area,Fireplace,Furnished,Hardwood Floors,Patio,Window Coverings
Structure Type Brick,Cement Board,Unknown,Wood
New Construction No
Schools
Elementary Schools Lockhart Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Restrictions Deed Restrictions
Tax ID 061-162-026-0001
Energy Description Attic Vents,Ceiling Fans,Digital Program Thermostat,High-Efficiency HVAC,Insulated/Low-E windows,Insulation - Blown Cellulose,Insulation - Blown Fiberglass,Insulation - Other,North/South Exposure
Acceptable Financing Cash Sale, Conventional
Tax Rate 2.3169
Disclosures Owner/Agent, Sellers Disclosure
Listing Terms Cash Sale, Conventional
Financing Cash Sale,Conventional
Special Listing Condition Owner/Agent, Sellers Disclosure
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Bought with JPAR-The Sears Group
Nicholas Chambers
Global Real Estate Advisor & Territory Manager | License ID: 600030
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