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$799,999
Est. payment /mo
6,428 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 6,428 sqft
Price per Sqft $124
Subdivision Swope Add
MLS Listing ID 7247516
HOA Y/N No
Year Built 1950
Annual Tax Amount $11,772
Tax Year 2024
Property Sub-Type Multi Family
Property Description
Presenting a prime investment opportunity in Houston's vibrant Lawndale - Wayside neighborhood, this partially renovated 8-unit multifamily complex at 5609 Leeland Street offers immediate rental income with all units currently 100% leased. Property Highlights include six 1/1 and 2 2/1. Recently renovated.
Situated minutes from Interstate 45 and downtown Houston, residents have convenient access to the University of Houston, dining, shopping, and entertainment options
The property operates as a fully leased asset. With 1-bedroom units renting at approximately $884 per month and 2-bedroom units at higher rates, reflecting the area's rental market. This well-maintained, income-producing property offers investors a stable return and potential for future appreciation in a sought-after Houston location.
Situated minutes from Interstate 45 and downtown Houston, residents have convenient access to the University of Houston, dining, shopping, and entertainment options
The property operates as a fully leased asset. With 1-bedroom units renting at approximately $884 per month and 2-bedroom units at higher rates, reflecting the area's rental market. This well-maintained, income-producing property offers investors a stable return and potential for future appreciation in a sought-after Houston location.
Location
State TX
County Harris
Area 4
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Roof Type Other
Building
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Carrillo Elementary School (Houston)
Middle Schools Navarro Middle School (Houston)
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Tax ID 053-217-000-0013
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Listed by Prime Realty Group David Gutierrez
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Rhonda Trevino
Broker / Owner | License ID: 596151
Broker / Owner License ID: 596151