1308 Hughes Street 6,Houston, TX 77023
Houston, TX 77023
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.
Details
| MLS # | 60193211 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 29 |
| Listing Provided By | Urban Loop Realty | Pualani Murillo |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 6,592 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 6 |
| Acreage | 19313.00 |
Exterior
| Lot Features | Corner Lot, Cul De Sac |
|---|
Parking
| Parking Features | Carport, Paved |
|---|
Taxes
| Tax Annual Amount | 5990 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77023 |
| Area | 4 |
| Subarea | East End Revitalized |
| Community Name | Dissen Heights |
| Listing VS Median (in Dissen Heights) | |
Price: $538,888 low | high Med: $2,000 sqft: 6,592 low | high Med: 1,174 $ / sqft: $82 low | high Med: $2 On site: 29 low | high Med: 35 | |
Market Activity 77023
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77023 |
| Area | 4 |
| Subarea | East End Revitalized |
| Community Name | Dissen Heights |
| Listing VS Median (in Dissen Heights) | |
Price: $538,888 low | high Med: $2,000 sqft: 6,592 low | high Med: 1,174 $ / sqft: $82 low | high Med: $2 On site: 29 low | high Med: 35 | |