5311 2nd ST Active

Crosby,TX 77532

$ 370000

4 Beds

2 Baths

2609 SqFt


Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 2,609 sqft

Price per Sqft $141

Subdivision Burris Sec 02

MLS Listing ID 80134778

Bedrooms 4

Full Baths 2

Year Built 1953

Annual Tax Amount $3,754

Tax Year 2023

Lot Size 0.326 Acres

Property Description

Exceptional Investment Opportunity: Two Beautiful Homes on a total of 14,200 sq.ft Lots. BOTH FRONT & BACK HOMES HAVE CURRENT TENANTS / Front Home is a fully renovated gem! 3 bedrooms & 1 bathroom w/total living space of 1,134 square feet. Plumbing from Front Home to City recently replaced. Front Home Leased 4/18/23 at 1,650 p/mo on a 12 month lease. Back Home is a brand-new, 2023 Clayton Homes (Marvel 4) with 4 bedrooms & 2 bathrooms w/total living space of 1,475 square feet. Back Home Leased 3/29/24 at 1,750 p/mo on a 12 month lease. Rent Rolls w/Financials updated 7/1/24 available upon request for thorough analysis creating an 8.81% CAP Rate. This is an investment opportunity to start investing in or grow your portfolio w/Gross Rents of 3400 p/mo income. *Additional parking w/crushed asphalt & gravel has been added between front & back home that are not shown in the MLS pics. Also on the side of Back home has been cleared for more parking. Contact us today for more info and showings

Location

State TX

County Harris

Area Crosby Area

Interior

Heating Central Electric,Central Gas

Cooling Central Electric

Flooring Laminate,Tile

Exterior

Utilities Available Electric,Gas,Water

Roof Type Composition

Building

Lot Description Cleared

Story 1

New Construction No

Schools

Elementary Schools Crosby Elementary School (Crosby)

Middle Schools Crosby Middle School (Crosby)

High Schools Crosby High School

School District 12 - Crosby

Others

Acceptable Financing Cash Sale,Conventional,Investor,Seller May Contribute to Buyer's Closing Costs

Listing Terms Cash Sale,Conventional,Investor,Seller May Contribute to Buyer's Closing Costs

Special Listing Condition Mud,Sellers Disclosure,Tenant Occupied

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