Seller Financing
Address
505 71st Street, Houston, TX
Price
$ 3,599,900
Property Attributes
  • MLS#23328050
  • TypeMulti-Family
  • CountyHARRIS
  • CityHouston
  • Area4
  • NeighborhoodCentral Park
  • Zip77011
  • StyleMulti-Family
  • Year Built1930
  • Taxes$ 47000
  • Price$ 3,599,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage29789
  • Lot Size1.58005 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description

!!FANTASTIC INVESTMENT OPPORTUNITY!! Portfolio of 4 INCOME PRODUCING properties consisting of 52 units total. The portfolio consists of 4 properties located in 77011 (COH Opportunity Zone), 77020 (COH Opportunity Zone) and 77026. Renovations ranging from 2018-2021 include NEW FLOORING, PLUMBING, WATER HEATERS, WINDOWS, PAINT, ELECTRICAL, REMODELED KITCHENS AND BATHROOMS. Schedule your showing today!

Elementary School Middle School High School
Franklin Elementary School (Houston) Edison Middle School Austin High School (Houston)
Price History
9/21/2023 Listed $4,199,900
11/7/2023 5% - $3,999,900
1/11/2024 2% - $3,950,000
1/15/2024 7% - $3,695,000
2/12/2024 3% - $3,599,900

General Features

Heating Window Unit
Roof Composition
Restrictions None
Occupancy Under 10% Vacancy
Full Baths 1
Year Built 1930
Subdivision Central Park
Stories 1
County Harris
Property Type Multi-Family
Yearly Taxes 47000
Census Tract 3109
Tax Year 2022
Income Net Operating 258000
Income Gross 412020
Status Active
Sub Type Multiple Detached Dwellings
Directions Properties are located in East End Revitalized and Denver Harbor.
City Houston
Disclosures Special Addendum
School District 27 - Houston
Street Name 71st
Geo Market Area East End Revitalized
DOM 207
Elementary School FRANKLIN ELEMENTARY SCHOOL (HOUSTON)
Middle School EDISON MIDDLE SCHOOL
Finance Available Cash Sale,Conventional,Investor,Owner Financing
High School AUSTIN HIGH SCHOOL (HOUSTON)
List Type Exclusive Right to Sell/Lease
Unit Total 20

Interior Features

Total Bedrooms 2
Sq Ft Total 29789
Sq Ft Source Seller
Cool System Window Units
Total Baths 1.00

Exterior Features

Lot Size Source Other
Meters Separate Meters
Lot Size 68827

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 77011

Price
AVG $680K
$3.6M
Taxes
AVG $10,107
$47,000
Visits
AVG 131
181
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1930

Areas We Cover