27 Norwood St, Houston, TX 77011

$375,000
2
BD
1
BA
2,121
SqFt

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List Price
$375,000
Status
ACTIVE
Days on Market
154
Price Change
▼ $20,000 1789594192
MLS#
55140188
Subtype
ResidentialIncome
Foreclosure
Yes
Year Built
1935
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
2,121
Lot Size
6,250
Subdivision
Fullerton Place
Neighborhood
Fullerton Place
MLS Area Major
4

Property Description

5-unit Property in East Houston. This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Unit 4 just became available and will be listed for lease. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. Seller is Priority Investor Loans LLC.

Additional Information

Interior Features
Quartz/Quartzite Counters
Taxes
$8,356
Flooring
Laminate, Tile
Appliances
Disposal, Refrigerator
Heating
None
Air Conditioning
Window/Wall
Stories
1
Levels
One
Roof
Composition
Parking Features
Electric Gate
School District
Houston
Elementary School
Burnet Elementary School (Houston)
Middle School
Navarro Middle School (Houston)
High School
Austin High School (Houston)

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Courtesy of REALM Real Estate Professionals - North Houston

Courtesy of REALM Real Estate Professionals - North Houston

Listing courtesy of Listing Agent: Christina DeLaTorre (realtorchristinadlt@gmail.com) from Listing Office: REALM Real Estate Professionals - North Houston.