1310 Lorraine St, Houston, TX 77009

$380,000
: 5
BD
: 1
BA
: 4,066
SqFt

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List Price: $380,000
Price Change: ▼ $70,000 1784081802
MLS#: 45368605
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Style: Split Level
Year Built: 1945
Bedrooms: 5
Bathrooms: 1
Living Area: 4,066
County: Harris
Area: 9
City: Houston
Subdivision: Cascara

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Property Description

Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.

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