7425 Ave E, Houston, TX 77011

$300,000
3
BD
1
BA
1,200
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$300,000
Status
ACTIVE
MLS#
94025717
Days on Market
36
Year Built
1930
Style
Fourplex
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
1,200
Lot Size
5,000
Lot Size Source
Appraiser
Subdivision
Magnolia Park Sec 02
Region
4
Market Area
East End Revitalized
County
Harris

Property Description

This income-generating fourplex is a true CASH COW! perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Strategically located in a high-demand rental area, it boasts long-term tenants, strong occupancy rates, and impressive cash flow. Both 1 bed/1 bath units are rented out ($950 each) already with a 1 yr lease. 3 bed/1 bath unit has been recently rented out for $1,100 w/ 1 yr lease. 1 bed/1 bath unit can be rented out $950+. Tenants pay their own utilities. This multi-family property can bring in $4K+ a month. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don’t miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity!

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$5,455
Neighborhood
East End Revitalized
Interior Features
Quartz/Quartzite Counters, Ceiling Fans
Heating
Other
Cooling
Other
Stories
1
Lot Description
Other, Subdivision
Roof
Composition
School District
Houston
Elementary School
Gallegos Elementary School (Houston)
Middle School
Edison Middle School
High School
Austin High School (Houston)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams ARE.