This two-story 4-plex offers a solid foundation for investors looking to add value through minor repairs. With its strategic layout and income potential, it represents a worthwhile addition to any investment portfolio.
Located in the heart of Crosby, this complex has easy access to FM 2100 and Hwy 90.
Unit B Up: This cozy 1-bedroom, 1-bathroom unit boasts a semi-open floor plan that seamlessly connects the living area to the kitchen, offering both openness and defined spaces. Ready for move-in.
Unit B Up: With its pristine condition, this unit is ready for immediate occupancy.
Unit A Down: Each unit is self-contained, featuring its own entrance, kitchen, bathroom(s), and living space.
The property's manageable size and clear income potential make it an excellent choice for those new to real estate investment.
Seasoned investors can benefit from the property's income-generating capabilities and potential for value appreciation.
With four rental units, the property offers multiple income streams, enhancing financial stability for the investor.
Unit A Down: Natural light pours in through large windows, illuminating the spacious living areas of each unit.
Unit A Down: Units are equipped with contemporary appliances and fixtures, ensuring tenant satisfaction and reducing maintenance issues.
Unit A Down: The property's design and materials are chosen for durability and ease of upkeep, minimizing long-term maintenance costs.
Unit A Down: Units are designed with practicality in mind, featuring spacious living areas and well-appointed kitchens.
Unit A Down: While the majority of the upgrades have been completed, minor repairs are needed to address areas affected by past water damage.
Unit A Down: These generously sized 1-bedroom, 1-bathroom units offers a harmonious blend of comfort and contemporary design.
Unit A Down: Repairs needed are limited to specific sections and are essential to restore the units to their full potential.
Unit A Down: These remodeled bathrooms not only elevate the home's aesthetic appeal but also offer practical solutions that enhance everyday living.
Unit B Down: With some investment, this unit can become a desirable living space.
Unit B Down: This unit is perfect for investors looking to renovate and increase property value.
Unit B Down: While the unit requires repairs, including addressing smoke damage and updating fixtures, the existing layout offers a solid foundation for transformation.
Unit B Down: With thoughtful renovations, this unit can be restored to its full potential, enhancing both its appeal and rental income potential.
Unit B Down: This bathroom presents an opportunity for a comprehensive renovation to restore its functionality and aesthetic appeal.
Unit B Down: While the unit requires repairs, including addressing water damage and updating fixtures, the existing layout offers a solid foundation for transformation.
Whether you're a resident or a visitor, these stairs offer a dependable pathway to the second-story units.
Unit A Up: Designed to maximize space, the layouts ensure ease of movement and accessibility, catering to daily routines with convenience.
Unit A Up: These units currently lack central air conditioning but offer flexible cooling solutions through the installation of mini-split systems or window air conditioning units.
Unit A Up: Recent updates throughout the unit, including flooring and fixtures, offer a fresh and modern living experience.
Unit A Up: While the unit requires repairs, including addressing water damage, the existing layout offers a solid foundation for transformation.
Unit A Up: The entire property has been upgraded with brand-new, energy-efficient windows, significantly enhancing both the aesthetic appeal and functionality of each unit.
Unit A Up: Each unit features generously sized closets, offering abundant storage space to accommodate wardrobes, accessories, and personal items with ease.
Unit A Up: Each spacious bedroom features an en-suite bathroom, providing a private retreat with contemporary fixtures and finishes.
Unit B Up: Each unit is bathed in natural light, thanks to the newly installed, energy-efficient windows that not only enhance the aesthetic appeal but also improve insulation.
Unit B Up: The kitchen has been thoughtfully remodeled with sleek countertops and modern appliances, making meal preparation a pleasure.
Unit B Up: This remodeled unit is ready for you to move in and enjoy, offering a stylish and comfortable living space without the need for immediate repairs or updates.
Unit B Up: These spacious closets not only offer practical storage solutions but also add value to the property by enhancing tenant satisfaction and appeal.
Unit B Up: This fully remodeled 1-bedroom, 1-bathroom unit offers a seamless blend of modern design and functionality, making it ideal for immediate occupancy.
Each unit is equipped with separate utility meters for electricity and water, allowing tenants to be responsible for their own utility usage. This setup simplifies billing and reduces landlord oversight.
Description
Located in the heart of Crosby, this multi-family 4-plex offers a solid opportunity for anyone looking to generate rental income or take on a renovation project. One unit is move-in ready and can be rented out immediately, while another unit has fire damage and will need a full remodel. A third unit has water damage from a previous freeze and requires repair, and the fourth unit is in fair condition but could benefit from updates. Each unit has its own entrance, with exterior stairs providing access to the upper level. With some work and planning, this property has the potential to become a reliable income-producing investment in a steadily growing area.
Details
| MLS # | 258661 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 20 |
| Listing Provided By | Alliance Properties | Velma Ellison |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,448 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 2000.00 |
Taxes
| Property | 5286 |
|---|
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Crosby |
| Zip Code | 77532 |
| Area | 1 |
| Subarea | Crosby Area |
| Community Name | Crosby Townsite |
| School District | 12 - Crosby |
| Elementary School | CROSBY ELEMENTARY SCHOOL (CROSBY |
| Middle School | CROSBY MIDDLE SCHOOL (CROSBY) |
| High School | CROSBY HIGH SCHOOL |
| Listing VS Median (in Crosby Townsite) | |
Price: $350,000 low | high Med: $40,854 SqFt: 2,448 low | high Med: 1,475 $ / SqFt: $143 low | high Med: $31 On site: 20 low | high Med: 35.500000 | |
Nearby Listings (Within 1/4 mile)
Price: $262K - $437K
SqFt: 1,500 - 3,000
 | $350,0005311 2nd StreetCrosby, TX 77532 |
Listing Updated: May 30, 2025 at 8:40:19 AM PDT