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19320387
19320388

3613 Crane St, Houston, TX 77026

MR
TX TX 9007479
Miriam Ramirez
Listed by Miriam Ramirez
$750,000
686 days on market
Updated 1 day ago
Opportunity zone

3613 Crane St, Houston, TX 77026

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,832
Units 8
Occupancy 75%
Year Built 1964
Year Renovated 2024
Buildings 2
Stories 2
Lot Size (SqFt) 7,448
Parking Spaces 8 spaces
Parking Per SqFt 1.66

Multifamily | 8 Units

Marketing description

Eight-unit multifamily investment opportunity consisting of four two-bedroom units and four one-bedroom units. The property received a comprehensive interior renovation in 2023, including new cabinets, flooring, paint, doors, tubs, toilets, and tile throughout the units, providing a solid foundation for continued operation and future improvements. Major capital items have been addressed, with roofs replaced in 2020 and HVAC systems updated in 2019. The property is currently 7 of 8 units occupied, with several long-term tenants in place, supporting consistent in-place income while allowing an investor the ability to implement rent growth and operational improvements over time. This asset presents an attractive opportunity for an investor seeking existing cash flow with value-add potential, supported by recent renovations and updated major systems, while still offering room to further enhance performance.

Listing Contacts

MR
TX TX 9007479
Miriam Ramirez
Listed by Miriam Ramirez

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Additional Information

Name
Miriam Ramirez
License
TX 9007479
Brokerage Phone
8326285950
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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