5621 Eskridge Street, Houston, TX 77023 (MLS # 9277837)
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Invest in a special side of Houston called EaDo and make a great return on your money. This is a 5 unit complex consisting of 2 buildings. The front 2 story building is a duplex consisting of 2/1 units and the rear 2 story building is a triplex consisting of three 1/1 units with one of the units containing a garage. All units are currently occupied and under contracts. Current gross rents are at $3,515 with plenty of room to increase rents in at least 3 units and increasing total monthly rents to over $4,000. Current rents bring the cap rate between 8-9% but can be increased to 10% cap rate when rents are increased. For the 2/1 units, the 1st floor consists of the kitchen and living room while the second floor consists of the 2 bedrooms and the bathroom. The 1 bedroom units all have their kitchen and living room on one half and the other half is the bedroom with the bathroom. Photos are of property when empty. All tenants have been paying well.
Property Type(s):
Multi Family
| Last Updated | 11/20/2019 | Tract | Sunnylan |
|---|---|---|---|
| Year Built | 1939 | Community | 4 |
| County | Harris |
SCHOOLS
| School District | 27 - Houston |
|---|---|
| Elementary School | HENDERSON J ELEMENTARY SCHOOL |
| Jr. High School | NAVARRO MIDDLE SCHOOL (HOUSTON) |
| High School | AUSTIN HIGH SCHOOL (HOUSTON) |
Additional Details
| AIR | Window Units |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 4 |
| BASEMENT | Foundation: |
| CONSTRUCTION | Brick & Wood, Cement Board |
| HEAT | Wall Heater, Window Unit |
| HOA DUES | 0 |
| LOT | 5000 sq ft |
| LOT DESCRIPTION | Other |
| PARKING | Garage Parking |
| STORIES | 2 |
| SUBDIVISION | Sunnylan |
| TAXES | 4903 |
| UTILITIES | Electric,Gas,Water |
Location
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Listed with The Horizon Team
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2019.
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