3613 Crane St, Houston, TX 77026

$750,000
2
BD
1
BA
5,375
SqFt

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List Price
$750,000
MLS#
13524875
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1964
Bedrooms
2
Bathrooms
1
Living Area
5,375
County
Harris
Area
2
City
Houston
Subdivision
Crane Street Woods Sec 02

Property Description

Eight-unit multifamily investment opportunity consisting of four two-bedroom units and four one-bedroom units. The property received a comprehensive interior renovation in 2023, including new cabinets, flooring, paint, doors, tubs, toilets, and tile throughout the units, providing a solid foundation for continued operation and future improvements. Major capital items have been addressed, with roofs replaced in 2020 and HVAC systems updated in 2019. The property is currently 7 of 8 units occupied, with several long-term tenants in place, supporting consistent in-place income while allowing an investor the ability to implement rent growth and operational improvements over time. This asset presents an attractive opportunity for an investor seeking existing cash flow with value-add potential, supported by recent renovations and updated major systems, while still offering room to further enhance performance

Additional Information

Lot Size
7,448
Lot Description
Cleared, Subdivision
Interior Features
Ceiling Fans
Flooring
Plank, Vinyl
Roof
Composition
Stories
2
School District
Houston
Elementary School
Dogan Elementary School
Middle School
Fleming Middle School
High School
Wheatley High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Christian Reyes from Compass RE Texas, LLC - The Woodlands. Contact: