2602 Isabella ST Active

Houston,TX 77004

$ 1200000

3 Beds

0 Bath

4296 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Plus

Listing Status Active

Purchase Type For Sale

Square Footage 4,296 sqft

Price per Sqft $279

Subdivision Washington Terrace

MLS Listing ID 18379886

Bedrooms 3

Year Built 1930

Annual Tax Amount $16,980

Tax Year 2024

Lot Size 5,775 Sqft

Property Sub-Type 5 Plus

Property Description

Exceptional 5-unit multifamily property ( for both residential and commercial use), fully renovated in 2019/2020 with a sleek, modern design that stands out in the neighborhood. The owners infused style and creativity with an airy color palette, ensuring lasting tenant appeal. This solid investment boasts a prime location inside the loop, minutes from the University of Houston, Texas Southern University, and Yates High School, with easy access to I-69 and Highway 288. The property features four 2-bed, 1-bath units and a studio with 1 bath, offering versatility for residential or commercial use. Generating $80,000 in annual NOI (120K Gross), this asset presents strong returns and excellent growth potential. Positioned in a densely populated area, it provides a steady tenant base and appreciation potential. Don't miss this incredible investment opportunity! Contact me today for more details on this high-performing, income-generating property. Not flooding zone. Corner property.NO HOA.

Location

State TX

County Harris

Area University Area

Interior

Heating Central Electric

Cooling Central Electric

Exterior

Utilities Available Cable,Electric,Water

Roof Type Other

Building

Story 2

New Construction No

Schools

Elementary Schools Lockhart Elementary School

Middle Schools Cullen Middle School (Houston)

High Schools Yates High School

School District 27 - Houston

Others

Senior Community No

Restrictions None

Tax ID 061-156-018-0001

Tax Rate 2.2074

Disclosures No Disclosures

Special Listing Condition No Disclosures

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