5114 Grantwood Street , Houston, TX 77004
Houston, TX 77004
Description
Golden income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with high income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 10% and with this large lot there is additional potential to build more rental units! The location can’t be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
Details
| MLS# | 5770349 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 102 |
| Listing Provided By | The Advisory Real Estate + Development | Oscar C. Hernandez |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,353 |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 9240.00 |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Vogel 10 Acs |
| Listing VS Median (in Vogel 10 Acs) | |
Price: $825,000 low | high Med: $825,000 SqFt: 3,353 low | high Med: 3,353 $ / SqFt: $246 low | high Med: $246 On Site: 102 low | high Med: 102.000000 | |