Property Detail

5114 Grantwood St

Houston, United States

$825,000

Wonderful income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with so much income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 9.5% and with this large lot there is additional opportunity to build more rental units! The location can’t be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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General Description

Property Type

Multi-Family - Multiple Detached Dw

Status

Active on Market

Bedrooms:

0 Bedrooms

Baths:

0 Full Bath(s)

Stories:

1 STORY

Year Built:

1950

Build SqFt:

3,353 Appraisal District

Lot Size:

9,240 Appraisal District

Finance Avalable:

Cash Sale,Conventional,FHA,Investor,Owner Financing,VA

Bldg. Type:

Multiple Detached Dwell

Subdivision:

Vogel 10 Acs

Market Area:

University Area

City / Zip:

Houston / 77004

Key Map:

Page 533H

Days on Market:

58 day(s)

Room Dimensions

Data are not available ...

Interior Features

Countertop:

Quartz

Floors:

Tile,Vinyl Plank

Cooling:

Central Electric,Window Units

Heating:

Central Electric,Central Gas,Window Unit

Compactor:

Disposal:

Yes

Dishwasher:

Yes

Microwave:

Yes

Energy Feature:

Ceiling Fans,Digital Program Thermostat

Exterior Features

Roof:

Composition

Lot Description:

Cul-De-Sac

School Information

District:

Houston ISD

Elem Sch:

LOCKHART

Middle Sch:

CULLEN (HOUSTON)

High Sch:

YATES

Listing Broker: THE ADVISORY REAL ESTATE + DEVELOPMENT

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