27 Norwood St, Houston, TX 77011

$395,000
2
BD
1
BA
2,121
SqFt

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List Price
$395,000
Price Change
▼ $39,000 1780685264
MLS#
55140188
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1935
Bedrooms
2
Bathrooms
1
Living Area
2,121
County
Harris
Area
4
City
Houston
Subdivision
Fullerton Place

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

Unexempt Taxes
$8,356
Lot Size
6,250
Lot Description
Other
Interior Features
Quartz/Quartzite Counters
Flooring
Laminate, Tile
Roof
Composition
Stories
1
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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Calculator source: Real Geeks

Listing courtesy of Christina DeLaTorre from REALM Real Estate Professionals - North Houston. Contact: 832-755-1231