$430,000
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7301 Sherman ST #6 Houston, TX 77011
2 Beds
1 Bath
3,725 SqFt
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Sold
Purchase Type For Sale
Square Footage 3,725 sqft
Price per Sqft $110
Subdivision Magnolia Park Sec 02
MLS Listing ID 45921424
Sold Date 12/15/23
Bedrooms 2
Full Baths 1
Year Built 1930
Annual Tax Amount $6,452
Tax Year 2022
Lot Size 7,500 Sqft
Property Description
OFFICIAL ARV $710,000 upon proper stabilization
Located in a Prime Area for Investment. Houston’s East End minutes away from The East River Project, EADO, Downtown, University of Houston, Texas Medical Center and much more
Build Equity & Cash Flow upon stabilization!
6 Units (4Plex+2 SFH) with Unit mix = 2 SFH Units (2x1) & 4Plex Units (1x1)
4Plex: 2,220sf, SFH: 785sf & SFH: 720sf
Ample surface parking
Electric/Gas separately Metered.
City Garbage Collection
Growing demand in the Real Estate market of this area. The local apartment submarket indicates stable occupancy with increasing rental rates. New residential and commercial developments in the immediate area
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Window Unit
Cooling Window Units
Exterior
Roof Type Composition
Building
Lot Description Corner
Story 2
New Construction No
Schools
Elementary Schools Gallegos Elementary School (Houston)
Middle Schools Edison Middle School
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions None
Tax ID 025-121-000-0022
Tax Rate 2.3519
Disclosures Tenant Occupied
Special Listing Condition Tenant Occupied
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Bought with Non-MLS
Nicholas Chambers
Global Real Estate Advisor & Territory Manager | License ID: 600030
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