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5621 Eskridge Street
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Houston, TX 77023
$395,000

Invest in a special side of Houston called EaDo and make a great return on your money. This is a 5 unit complex consisting of 2 buildings. The front 2 story building is a duplex consisting of 2/1 units and the rear 2 story building is a triplex consisting of three 1/1 units with one of the units containing a garage. All units are currently occupied and under contracts. Current gross rents are at $3,515 with plenty of room to increase rents in at least 3 units and increasing total monthly rents to over $4,000. Current rents bring the cap rate between 8-9% but can be increased to 10% cap rate when rents are increased. For the 2/1 units, the 1st floor consists of the kitchen and living room while the second floor consists of the 2 bedrooms and the bathroom. The 1 bedroom units all have their kitchen and living room on one half and the other half is the bedroom with the bathroom. Photos are of property when empty. All tenants have been paying well.

Lot Information
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 - 5 Plus
Status
Active on Market
Bedrooms:
7 Bedrooms
Baths:
5 Full
Stories:
2 STORY
Year Built:
1939
Build SqFt:
2,670 Appraisal District
Lot Size:
5,000 Appraisal District
Finance Avalable:
Cash Sale,Conventional,Investor
Bldg. Type:
5Plus
Subdivision:
Sunnylan
Market Area:
East End Revitalized
City / Zip:
Houston / 77023
Key Map:
Page 534C
Days on Market:
61 day(s)
Room Dimensions
Data are not available ...
Interior Features
Floors:
Carpet,Laminate,Tile,Vinyl
Countertop:
formica and tile
Cooling:
Window Units
Heating:
Wall Heater,Window Unit
Energy Feature:
Ceiling Fans
Exterior Features
Roof:
Composition
Exterior Type:
Brick & Wood,Cement Board
Lot Description:
Other
Parking Unit:
One
Parking:
Garage Parking
Unit Location:
Other
School Information
District:
Elem Sch:
Middle Sch:
High Sch:
Listing Broker: THE HORIZON TEAM
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Provide your contact information to receive more information for this listing.
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Terms of Use
This email may ONLY be used to contact the agent / broker to schedule a showing of the MLS property listing and any other usage is prohibited.
Listing Broker: THE HORIZON TEAM
Last updated as of: 01/21/2020



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