1307 Brenda Ln, Humble, TX 77338

$475,000
2
BD
2
BA
3,928
SqFt

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List Price
$475,000
MLS#
63743564
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Style
Split Level, Fourplex
Year Built
1984
Bedrooms
2
Bathrooms
2
Living Area
3,928
County
Harris
Area
1
City
Humble
Subdivision
Memorial Glen West

Property Description

Income-producing Fourplex strategically located near IAH Airport, employment centers, shopping and dining. This low-maintenance investment offers immediate cash flow with additional value-add potential. Approximately $210,000 in repairs and upgrades were completed in 2020, including the roof and decking, framing and rafters, fire walls, exterior sheathing and siding, attic insulation, HVAC, electrical, kitchens, bathrooms and interior finishes. Four identical 2-bedroom, 2-bath floor plans simplify leasing, maintenance and turnovers. Each unit includes private laundry hookups and two dedicated parking spaces. Professional property management is already in place, providing a smooth transition for the next owner. Future upside may be achieved through updated flooring, paint, fixtures, kitchens, bathrooms and curb appeal in other units. NO HOA! Well-suited for a long-term hold or 1031 exchange. Property is being sold AS-IS.

Additional Information

Unexempt Taxes
$9,115
Lot Size
8,385
Interior Features
Balcony, Fireplace(s), Ceiling Fans, Programmable Thermostat
Flooring
Tile
Roof
Composition
Stories
2
School District
Humble
Elementary School
Lakeland Elementary School (Humble)
Middle School
Ross Sterling Middle School
High School
Humble High School

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Calculator source: Real Geeks

Listing courtesy of Terin Varghese from Rasha Realty, LLC. Contact: