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2501 Truxillo St, Unit 1-7 Houston, TX 77004

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For Sale
$785,000

Cash-generating multifamily property with six updated meters and no HOA.

Lot size:
0.12 Acres

Property Features for 2501 Truxillo St

General Information

Lot size
0.12 Acres

Building Details

Year built
1930

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Listing Contact
Patty Newton
Source: Elliman

Listing Agent: Patty Newton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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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

Suggested Use

Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Houston
County
Fort Bend
State
Texas
Longitude
-95.367319
Latitude
29.7296488

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.
More about this property
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