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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,428 sqft
Price per Sqft $108
Subdivision Swope Add
MLS Listing ID 7247516
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.
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Central, Electric
Cooling Central Air, Electric
Exterior
Roof Type Other
Building
Story 2
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
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Bought with Keller Williams Realty Metropolitan
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Rhonda Trevino
Broker / Owner | License ID: 596151
Broker / Owner License ID: 596151