7930 Ritz Street Unit 16, Houston, Texas 77028

$629,900
4,447
SqFt
List Price
$629,900
Status
ACTIVE
MLS#
52999510
Days on Market
24
Unit
16
Year Built
1975
Living Area
4,447
Lot Size
14,760
Lot Size Source
Appraisal District
Subdivision
Liberty Road Manor Sec 18
Region
2
Market Area
Northeast Houston
County
Harris

Property Description

"Investor Special" 16 Units Multifamily/Motel Gem! With the option to convert the community laundry facility and office into additional units, totaling 18 units, forcing appreciation. Situated in close proximity to Downtown Houston, the location offers convenient and easy access to all the vibrant attractions the city has to offer. One of the highlights of our property is the spacious lot, providing ample parking space right on-site. When it comes to getting around the city, this property has easy access to major freeways such as 610 and 59 Highways. With new developments happening nearby, our motel is situated in an area that is on the rise. Early adaptors can seize the opportunity to be part of the growth and add value to their investment.

Additional Information

Finance Available
Cash Sale, Conventional, Investor
Taxes
$5,857
Tax Rate
2.2019
Tax Year
2023
Heating
Central Electric, Central Gas
Cooling
Other Cooling
Floor
Laminate
Stories
1
Utilities
Cable, Electric, Gas, Water
Lot Description
Other
Exterior
Brick, Other
Roof
Composition
Front Door Direction
South
Sqft Source
Appraisal District
School District
Houston
Elementary School
Elmore Elementary School
Middle School
Key Middle School
High School
Kashmere High School
Legal
LTS 12 13 & 14 BLK 1 LIBERTY ROAD MANOR SEC 18 U/R
Section Number
000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Houston House of Realty, LLC.