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$449,000

Est. payment - /mo

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2 Beds

1 Bath

3,016 SqFt

Active

7518 Morley ST #6 Houston, TX 77061

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Banke Funsho

info@bankonbanke.com +1(713) 496-2286

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,016 sqft

Price per Sqft $148

Subdivision Fairfield

MLS Listing ID 4457718

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1980

Annual Tax Amount $8,252

Tax Year 2024

Property Sub-Type Multi Family

Property Description

Perfect entry point into Multifamily! Buy a nice house or this cash flowing asset! All units fully renovated! 6units - (5) 2 bed/1 Bath, (1)Studio with kitchenette. Do not walk the property or speak to tenants, viewing after offer acceptance & proof of funds. Studio F & Units A,B,C,D,E all (2bed/1bath units) all fully renovated in 2021, 2022, 2024. Water & electric by landlord. Roof 2017, partial siding replaced in 2020, 2022, 2025. Exterior Painted 2020, partial PEX/PVC water piping, 2 water heaters replaced 2014 & 2020, all new AC window units 2020/2021/2024, trees cleared along fence line 2021, parking lot raised and leveled with new rock 2021, new wired fire alarm installed in all units 2021. $70k area income, 34k VPD, property stays 100% occupied. 2 minutes from Hobby Airport and surrounding retail. 1 minute walk to bus stop & laundry facilities. 4min to Kroger, 8min to HEB. Text Agent for offering package with property information.

Location

State TX

County Harris

Area 3

Interior

Interior Features Laminate Counters, Ceiling Fan(s)

Heating Window Unit

Cooling Window Unit(s)

Flooring Tile

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Available, Water Available

Roof Type Composition

Building

Lot Description Near Public Transit

Entry Level One

Level or Stories One

New Construction No

Schools

Elementary Schools Lewis/Bellfort Academy

Middle Schools Ortiz Middle School

High Schools Chavez High School

School District 27 - Houston

Others

Tax ID 074-039-007-0001

Acceptable Financing Cash, Conventional, 1031 Exchange, Investor Financing, Other, Trade

Listing Terms Cash, Conventional, 1031 Exchange, Investor Financing, Other, Trade

Houston Realtors Information Service / HAR MLS

Listed by Heinz Properties Nicholas Heinz

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Banke Funsho

Agent | License ID: 741342

+1(713) 496-2286