7425 Avenue E Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77011
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,665 sqft
Price per Sqft $148
Subdivision Magnolia Park Sec 02
MLS Listing ID 90756951
Bedrooms 5
Full Baths 5
Year Built 1930
Annual Tax Amount $5,650
Tax Year 2024
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Property Description
This income-generating fourplex is a true CASH COW! perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Strategically located in a high-demand rental area, it boasts long-term tenants, strong occupancy rates, and impressive cash flow. Both 1 bed/1 bath units are rented out ($950 each) already with a 1 yr lease. 3 bed/1 bath unit has been recently rented out for $1,100 w/ 1 yr lease. 1 bed/1 bath unit can be rented out $950+. This multi-family property can bring in $4K+ a month. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don't miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity!
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Central Electric,Central Gas
Cooling Central Electric,Central Gas
Exterior
Roof Type Composition
Building
Story 1
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 Unknown
Tax ID 025-130-000-0011
Acceptable Financing Cash Sale,Conventional,FHA,Investor,Other
Tax Rate 2.2424
Disclosures Other Disclosures,Sellers Disclosure
Listing Terms Cash Sale,Conventional,FHA,Investor,Other
Financing Cash Sale,Conventional,FHA,Investor,Other
Special Listing Condition Other Disclosures,Sellers Disclosure