$825,000
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5114 Grantwood Street Houston, TX 77004
Multi-Family
Residence
3
Beds
2
Baths
Sq. Ft.
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Golden income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with high income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer... finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 10% and with this large lot there is additional potential to build more rental units! The location canât be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
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MLS#
5770349
Property Type
Multi-Family
Bedrooms
3
Bathrooms
2 Full
Year Built
1950
Price per Sq. Ft.
$246.05
Stories
1.0
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