$475,000
Close to Downtown 7 Units
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,897
Units 7
Class B
Year Built 1940
Year Renovated 2022
Stories 1
Lot Size (SqFt) 7,500
Ownership Sole
Multifamily | 7 Units
Marketing description
7-Unit Multi-Family Complex | Fifth Ward | Strategic Location
Seize the opportunity to own a high-occupancy, recently updated multi-family asset just minutes from the heartbeat of Downtown Houston. Perfectly positioned for the savvy investor, this property offers a diverse unit mix and significant "big ticket" capital improvements, ensuring low maintenance and steady returns from day one. Seller will consider Owner Financing with 20% down and balloon in 3 years.
Investment highlights
- Multi-Family
- Wilshire Place
- 7 Total Units
- 1 Year, 6 Month, Month to Month Tenancy
- Year Built: 1940
- 1 Story
- Lot Size: 7500
- Lot Description: Corner
- Market: Northside
- Tax Rate: 2.1252%
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
