2501 Truxillo St, Unit 1-7 Houston, TX 77004
Cash-generating multifamily property with six updated meters and no HOA.
Lot size:
0.12 AcresProperty Features for 2501 Truxillo St
General Information
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1930
Source:
Elliman
Listing Agent: Patty Newton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Property with Income Potential
This multifamily property presents an opportunity for investors seeking a cash-generating asset. The property features six separate water and electricity meters, which have been recently updated. Two central air conditioning units have also been recently replaced. The front building, freshly painted, contains two units, each with two bedrooms and one bathroom. The back building comprises four units: one with two bedrooms and one bathroom, one with one bedroom and two bathrooms, and two with one bedroom and one bathroom. Additionally, there is a bonus unit—an office with a bathroom—that can be converted into an extra rental unit, potentially bringing the total to seven rentable units. Some tenants have been renting for over five years, suggesting a stable income stream. The property has no HOA fees and no restrictions.
Location Intelligence
Current Use by Public Records
We're going to Galveston ...
Bus Charter
St.Ye Intel Inc
Property Management Company
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.367319
- Latitude
- 29.7296488
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FAQs
What type of property is this?
Apartment building - Cash-generating multifamily property with six updated meters and no HOA.
Where is this apartment building located?
The property is located at 2501 Truxillo St, Unit 1-7 Houston, TX.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: - Six separate water and electricity meters, enabling individual billing for each unit.; - Seven potential rentable units, including a bonus office with a bath that can be converted.; - No HOA fees and no restrictions, offering greater flexibility and cost savings.