801-803 66th St Street, Houston, TX

$750,000

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1

Bed

1

Bath

0.11

Acres

About 801-803 66th St Street

Welcome to 801-803 66th St, a highly efficient, fully occupied 8-plex sitting directly in the path of progress in Houston's booming Greater East End footprint. Boasting an actual NOI of $57,741, this asset offers a low-risk position inside the Loop. The property features high-ticket capital expenditures already handled by the seller, including a recent roof, replaced water main lines, updated attic insulation. Operationally, the property is a dream value-add canvas. With room for cosmetic updates to increase equity and the building's overall net operating yield. Situated in the transitioning urban infill pocket of Magnolia Park, residents enjoy effortless access to the transit arteries of Downtown Houston, the thriving commercial corridors of EaDo, and the massive tenant bases of the University of Houston and the Port of Houston.

Features of 801-803 66th St Street

MLS® # 24125422
Price $750,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 5000
Acres 0.11
Year Built 1946
Type Residential Income
Sub-Type Multi Family,5 Plus
Status Active

Community Information

Address 801-803 66th St Street
Area 4
Subdivision Central Park Magnolia Park
City Houston
County Harris
State TX
Zip Code 77011-2463

Amenities

Parking Carport
Is Waterfront No
Has Pool No

Interior

Heating Window Unit
Cooling Window Unit(s)
Fireplace No
# of Stories 2

Exterior

Roof Composition
Construction Cement Siding

School Information

District 27 - Houston
Elementary Tijerina Elementary School
Middle Edison Middle School
High Austin High School (Houston)

Additional Information

Days on Website 30
Foreclosure No
Short Sale No
RE / Bank Owned No
Master Planned Community No

Listing Details

OfficeColdwell Banker Ultimate

Listing Map

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