27 Norwood St, Houston, TX 77011

$395,000
2
BD
1
BA
2,121
SqFt

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List Price
$395,000
Status
ACTIVE
MLS#
55140188
Price Change
▼ $39,000 1780685264
Days on Market
104
Foreclosure
Yes
Year Built
1935
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
2,121
Lot Size
6,250
Lot Size Source
Appraiser
Subdivision
Fullerton Place
Region
4
Market Area
East End Revitalized
County
Harris

Property Description

5-unit Property in East Houston. This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Unit 4 just became available and will be listed for lease. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. Seller is Priority Investor Loans LLC.

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$8,356
Neighborhood
Fullerton Place
Interior Features
Quartz/Quartzite Counters
Heating
None
Cooling
Window/Wall
Stories
1
Lot Description
Other
Appliances
Disposal, Refrigerator
Roof
Composition
School District
Houston
Elementary School
Burnet Elementary School (Houston)
Middle School
Navarro Middle School (Houston)
High School
Austin High School (Houston)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of REALM Real Estate Professionals - North Houston.