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7530 Canal Street Houston, TX 77012
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Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Magnolia Park
MLS Listing ID 81304759
Tax Year 2016
Lot Size 0.933 Acres
Property Description
Multiple offers**** BEING SOLD AS IS** Lot size; 40,625 sq.ft-per survey** Great location in the EAST END! This area has a lot of development potential! Generating good cash flow-currently grossing over $19,600/MTH with 10 vacancies! Only two SEC 8 units @ $800/month, remaining 2 bedroom units (NON SEC 8) rent between $500 to $650/MTH** There is an opportunity to capture an additional $8000/MTH bringing the projected monthly gross to $27,600+** Separate metered** Recent roof* LOI Required**
Location
State TX
County Harris
Area East End Revitalized
Building
Lot Description Can Be Subdivided
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools De Zavala Elementary School (Houston)
Middle Schools Edison Middle School
High Schools Milby High School
School District 27 - Houston
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Gold Quest Realty - Galleria