7112 Ave L, Houston, TX 77011
- $385,000
- 3
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $385,000
- MLS#
- 14475280
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2019
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,500
- County
- Harris
- Area
- 4
- City
- Houston
- Subdivision
- Magnolia Park
Property Description
Nestled in Houston’s vibrant EaDo district, just minutes from Downtown, this versatile property offers comfort, convenience, and strong income potential. The main home features 3 bedrooms and 2 bathrooms, along with stainless steel appliances, a full-size washer and dryer, and an extra-wide driveway secured by an electric gate. In addition, the property includes a separate guest home fully remodeled in 2023, complete with new appliances, a stackable washer and dryer, window coverings, and central A/C. The guest home is currently leased, providing immediate rental income, while the front home is vacant and ready for owner occupancy or new tenants. With separate utility meters for each residence, this property presents a fantastic opportunity for investors or owner-occupants looking to offset their costs with rental income. This property is in an economic development zone. After 10 years no capital gains tax based on how it’s structured.
Additional Information
- Lot Size
- 5,085
- Lot Description
- Subdivision
- Interior Features
- Quartz/Quartzite Counters, Window Treatments, Ceiling Fans, Programmable Thermostat
- Flooring
- Carpet, Laminate, Tile
- Roof
- Composition
- Stories
- 1
- School District
- Houston
- Elementary School
- Gallegos Elementary School (Houston)
- Middle School
- Edison Middle School
- High School
- Austin High School (Houston)
Mortgage Calculator
Listing courtesy of Alison Briscoe from CB&A, Realtors- Loop Central. Contact: https://media.hyperfocal.photos/7112-Avenue-L