About 5221 Malmedy Road
Investor special!!!! Property is currently a 2-bedroom, 1-bath. Property is selling at below lot value, which is at $115k. House will need considerable work to flip, but if you want to make this a rental, house was previously rented at $1k per month, with less than $5,000 needed to get ready to re-rent. House has two sections, one section is livable and that is the 2/1 and the other section was used for storage. House is being sold as is condition. Market lot value is $115k currently. There are 3 options for this home. 1) about 40k need to get ready to flip and covert the extra space to either an extra bedroom or garage with storage, 2) about $7,500 to get minimal rent ready to rent at $1200/month, 3) Tear down and rebuild house is below lot value. House is currently boarded to prevent anyone from entry.
Features of 5221 Malmedy Road
| MLS® # | 37227991 |
|---|---|
| Price | $85,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,012 |
| Square Footage | 5692 |
| Acres | 0.13 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 5221 Malmedy Road |
|---|---|
| Area | 3 |
| Subdivision | South Park |
| City | Houston |
| County | Harris |
| State | TX |
| Zip Code | 77033 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Other, 0 Up To 1/4 Acre |
|---|---|
| Roof | Wood |
| Construction | Wood Siding |
| Foundation | Slab |
School Information
| District | 27 - Houston |
|---|---|
| Elementary | Kelso Elementary School |
| Middle | Attucks Middle School |
| High | Worthing High School |
Additional Information
| Days on Website | 1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Master Planned Community | No |
Listing Details
| Office | Teifke Real Estate |
|---|