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5001 Pease ST Houston, TX 77023
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,514 sqft
Price per Sqft $156
Subdivision Eastlawn Vista
MLS Listing ID 10034844
Sold Date 03/13/24
Bedrooms 3
Full Baths 2
Year Built 1925
Annual Tax Amount $9,641
Tax Year 2023
Lot Size 5,000 Sqft
Property Description
Wonderfully maintained Four unit Income producing East End Revitalized property. Completely updated in 2016 and generated $51,000 a year in 2023. Unit A was recently rented now for $1550 a month increasing your returns. This is a property allowing you to purchase and instantly generate income on day one. The building in the front has a 3/2 unit (rent $1450 in 2023, just increased to $1550) on the first floor and a 2/2 ($1200 a month in 2023) unit upstairs. The back building has 2, 1/1 units ($800 a month for each one) with covered parking in the front of the building. The property is tenant occupied and will not be available to see until an executed contract is in place. The updates on the property include electrical, plumbing, HVAC, paint, cabinets, flooring, appliances, doors and trim. The roof has been recently updated. The 2/1, and the 2, 1/1 are month to month giving the buyer some flexibility if they need to move into the property.
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Central Electric, Central Gas
Cooling Central Electric
Flooring Tile
Exterior
Utilities Available Electric, Gas, Water
Roof Type Composition
Building
Lot Description Corner
Story 2
Structure Type Brick
New Construction No
Schools
Elementary Schools Cage Elementary School
Middle Schools Navarro Middle School (Houston)
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions None
Tax ID 137-813-001-0001
Tax Rate 2.3519
Disclosures Sellers Disclosure
Special Listing Condition Sellers Disclosure
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Bought with Hamilton Properties