Property Detail

4601 Canal St

Houston, United States

$408,500

Perfect investment for the new or seasoned cash flow investor. Property is fully leased, generates $3100+/month gross revenue, & operates trouble free. Property consists of 2 buildings, each with 2 units (4 units total) on an oversized ~ 7700 sq. ft. corner lot. Located on Canal St., a beautiful tree lined street that acts as an important east/west artery through the East End. 2 units include washer / dryer connections. Also includes 4 empty storage units that could be rented for additional monthly revenue. Many options with this property. 1. Operate as-is with stable, steadily increasing cash flow while the property value appreciates. 2. Move in and make this your home, then live expense free with rent from the other units covering your monthly expenses. 3. Upgrade the units to generate significant additional cash flow. Rent roll, survey, and income statement are available on request. No showings without an contract. Please do not disturb the tenants.

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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:

1929

Build SqFt:

1,248 Appraisal District

Lot Size:

7,728 Appraisal District

Finance Avalable:

Cash Sale,Conventional,FHA,VA

Bldg. Type:

Multiple Detached Dwell

Subdivision:

Navigation

Market Area:

East End Revitalized

City / Zip:

Houston / 77011

Key Map:

Page 494P

Days on Market:

14 day(s)

Room Dimensions

Unit1 Bed:

10x20

Unit1 Bed:

10x15

Unit1 Kitchen:

10x6

Unit1 Kitchen:

10x20

Unit1 Living:

20x12

Unit1 Living:

10x17

Interior Features

Floors:

Laminate,Wood

Cooling:

No Cooling/Vent,Window Units

Heating:

Window Unit

Exterior Features

Roof:

Composition

Exterior Type:

Wood

Lot Description:

Corner

Front Door Face:

South

School Information

District:

Houston ISD

Elem Sch:

BURNET (HOUSTON)

Middle Sch:

NAVARRO (HOUSTON)

High Sch:

AUSTIN (HOUSTON)

Listing Broker: LISTINGRESULTS.COM

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