116 Frawley Street
Houston, TX 77009
2643 sqft | 2 beds | 1 bath | 0.12 acres | #63598318
Description
Excellent investment opportunity, combining both a single-family home and three separate rental units.
Main Home: 2 beds / 1 bath, currently rents for $1,250/month. Apartments: Three 1 bed / 1 bath units, each rented separately. Total Rental Income is $4K/month main home & all three units combined Electric
Separate meters for the main house and garage apartments. Tenants of the main home pay their own electricity, while the owner covers utilities for the garage apartments. The area is currently undergoing gentrification, with increasing property values, new construction, and charming homes being built in every direction.This property is close to major highways (I-45, 610, I-10, Hardy) & within walking distance of White Oak Music Hall, providing convenient access to entertainment. This property could be a solid long-term investment with existing cash flow & potential upside in utility bill backs, plus the added benefit of being in an appreciating neighborhood. 24hr Notice required.
Property Details
- Elementary SchoolJEFFERSON ELEMENTARY SCHOOL (HOUSTON)
- Middle SchoolMarshall Middle School (Houston)
- Utility FeaturesSeparate and Master Meters
- SubdivisionBradley White Oak Blk 1 2
- Property SubtypeMulti Family, Quadruplex
- High SchoolNORTHSIDE HIGH SCHOOL
- Property TypeMulti-Family
- School District27 - Houston
- MLS #63598318
- MLS #63598318
- Acres0.1205
- CountyHarris
- Taxes Annual$7,242
- Cost389000
- Square Feet2643
- Year Built1935
- Bedrooms2
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated:Â . Source: HARMLS
Listing Courtesy
Listing Agent: Sheryl Davis (#Goldenz)
Listing Office: Brombacher & Co. (#BROM01)
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