$715,000
Pending

5215 Palmer Street

Houston, TX 77004
3286 sqft | 7 beds | 5 baths | 0.12 acres | #17868122
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Great turnkey investment opportunity! Completely remodeled, fully furnished Duplex plus a Casita! Currently being used as an Airbnb and grossed $94k over the past 12 months. The front building features two units, each with 3 bedrooms, 2 full bathrooms, a full kitchen, and living area; the Casita in the back is a studio apartment with a full bathroom. All three units were fully remodeled and updated in 2023. The shared courtyard with string lights is perfect for guests/tenants to enjoy. Just minutes from the Texas Medical Center, Museum District, and Universities. Airbnb bookings in the area continue to increase from a year ago. All appliances included with the sale! Cap rate 8.9% at asking.

  • Interior Details
      • Bedrooms7
      • Bathrooms5
      • Full Baths5
  • Property Details
      • Lot DescriptionSubdivision Lot, Cleared
    • Measurements
      • Acres0.1205
      • Square Feet3286
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1935
  • Utilities / Energy Details
      • Utility FeaturesElectric, Natural Gas Connected, Water Connected
  • Community and Neighborhood Details
      • SubdivisionRiverside Ext
    • Location
      • Middle SchoolCullen Middle School (Houston)
      • Elementary SchoolLOCKHART ELEMENTARY SCHOOL
      • High SchoolYATES HIGH SCHOOL
      • School District27 - Houston
      • CountyHarris
  • Financial Details
      • Taxes Annual$8,914
  • Other
      • MLS #17868122

Location

O'Hara & Company Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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