5114 Grantwood ST Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77004
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Active
Purchase Type For Sale
Square Footage 3,353 sqft
Price per Sqft $246
Subdivision Vogel 10 Acs
MLS Listing ID 5770349
Bedrooms 3
Full Baths 2
Year Built 1950
Annual Tax Amount $8,942
Tax Year 2023
Lot Size 9,240 Sqft
Property Description
This currently operated STR is a golden 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 high 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 10% and with this large lot there is additional potential 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!
Location
State TX
County Harris
Area University Area
Interior
Heating Central Electric,Central Gas,Window Unit
Cooling Central Electric,Window Units
Flooring Tile,Vinyl Plank
Exterior
Roof Type Composition
Building
Lot Description Cul-De-Sac
Story 1
New Construction No
Schools
Elementary Schools Lockhart Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Acceptable Financing Cash Sale,Conventional,Investor
Listing Terms Cash Sale,Conventional,Investor
Special Listing Condition Sellers Disclosure