1308 Hughes St Unit 6, Houston, TX 77023

$539,888
3
BD
1
BA
6,592
SqFt

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List Price
$539,888
Status
ACTIVE
MLS#
60193211
Days on Market
1
Unit
6
Year Built
1920
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
6,592
Lot Size
19,313
Lot Size Source
Appraiser
Subdivision
Dissen Heights
Region
4
Market Area
East End Revitalized
County
Harris

Property Description

Excellent income-producing opportunity in Houston’s revitalized East End! Situated on a 19,313 SF corner lot, this unique 6-unit multifamily property consists of two spacious 3BR/2BA homes with gas fireplaces plus two duplexes offering four 1BR/1BA units. Units feature hardwood or laminate flooring, window A/C, & assigned off-street parking, with additional parking for the larger residences. Gross Scheduled Rent at full occupancy is $72,600 annually/$6,050 monthly. Currently, 2 units are occupied, and 4 are vacant, creating significant lease-up and value-add potential for the next owner. Ideally located with easy access to I-45, I-69/US-59, I-610, I-10 & SH-225. Minutes from Downtown, UH, and the Texas Medical Center, with METRO within walking distance. Excellent opportunity to acquire 6 rental units on a substantial corner lot in an established East End neighborhood with continued growth and redevelopment. Strong rental demand & excellent long-term investment & appreciation potential.

Additional Information

Finance Available
Cash, Conventional
Taxes
$5,990
Neighborhood
Dissen Heights
Interior Features
Fireplace(s), Window Treatments, Ceiling Fans
Heating
Window Unit(s)
Cooling
Window/Wall
Stories
1
Utilities
Electricity Available, Natural Gas Available, Water Available
Lot Description
Corner Lot, Cul-De-Sac
Appliances
Disposal
Roof
Composition
School District
Houston
Elementary School
Carrillo Elementary School (Houston)
Middle School
Navarro Middle School (Houston)
High School
Austin High School (Houston)

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Calculator source: Real Geeks

Listing courtesy of Urban Loop Realty.