27 Norwood ST new

Houston,TX 77011

$ 499900

2 Beds

1 Bath

2121 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,121 sqft

Price per Sqft $235

Subdivision Fullerton Place

MLS Listing ID 42581583

Bedrooms 2

Full Baths 1

Year Built 1935

Annual Tax Amount $8,356

Tax Year 2024

Property Sub-Type Multi Family

Property Description

FULLY LEASED & RENOVATED 5-unit Property in East Houston. This is a **FORECLOSURE** & 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. 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. 27 Norwood checks all the boxes!

Location

State TX

County Harris

Area East End Revitalized

Interior

Heating None

Cooling Window Unit(s)

Flooring Laminate,Tile

Exterior

Parking Features Electric Gate

Roof Type Composition

Building

Lot Description Other

Story 1

New Construction No

Schools

Elementary Schools Burnet Elementary School (Houston)

Middle Schools Navarro Middle School (Houston)

High Schools Austin High School (Houston)

School District 27 - Houston

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Real Estate Owned

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