About 5114 Grantwood St
Wonderful 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 so much 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 9.5% and with this large lot there is additional opportunity to build more rental units! The location can’t 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!
Features of 5114 Grantwood St
| MLS® # | 70573407 |
|---|---|
| Price | $825,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 3,353 |
| Square Footage | 9240 |
| Acres | 0.00 |
| Year Built | 1950 |
| Type | Multi-Family |
| Sub-Type | Multiple Detached Dwellings |
| Status | Active |
Community Information
| Address | 5114 Grantwood St |
|---|---|
| Area | 4 - South |
| Subdivision | Vogel 10 Acs |
| City | Houston |
| County | Harris |
| State | Texas |
| Zip Code | 77004-7902 |
Amenities
| Features | Fireplace, Furnished, Window Coverings, Fire/Smoke Alarm, Private Entry, Washer/Dryer Connections |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central Electric, Central Gas, Window Unit |
|---|---|
| Cooling | Central Electric, Window Units |
| Fireplace | No |
| # of Stories | 1.00 |
Exterior
| Lot Description | Cul-De-Sac |
|---|---|
| Roof | Composition |
School Information
| District | 27 - Houston |
|---|---|
| Elementary | LOCKHART ELEMENTARY SCHOOL |
| Middle | CULLEN MIDDLE SCHOOL (HOUSTON) |
| High | YATES HIGH SCHOOL |
Additional Information
| Days on Website | 60 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | The Advisory Real Estate + Development |
|---|