5122 Clover Street

Houston, TX 77033
$715,000
5549 sqft | 2 beds | 1 bath | 0.12 acres | #49580925

Description

Here’s your chance to own a 7-unit apartment complex in a thriving, up-and-coming area in the heart of Houston, Texas! Located just minutes from the Medical Center and Downtown Houston, this property offers both convenience and high demand. Six out of the seven units are currently occupied on 1-year leases, ensuring immediate rental income. This property sits on a spacious 12,600 SQFT lot with new developments right next door and behind, this property holds significant potential for appreciation. Each unit features a 2-bedroom, 1-bath configuration, and all units were updated with new mini-split HVAC systems in July 2023. The complex is also fully equipped with seven individual electrical and gas meters for streamlined management. Don’t miss out on this fantastic investment opportunity in Houston’s growing market!

  • Property Details
      • Interior:Countertops(Granite)
      • Bedrooms:2
      • Bathrooms:1
      • Full Baths:1
      • Lot description:Other, 1/4 Up to 1/2 Acre
      • Acres:0.1202
      • Square Feet:5549
      • Property type:Multi-Family
      • Year built:1956
      • Utility features:Separate and Master Meters, Electric
      • Subdivision:Sunnyside
      • School district:27 - Houston
      • Elementary School:WOODSON ELEMENTARY SCHOOL
      • Middle School:Thomas Middle School
      • High School:WORTHING HIGH SCHOOL
      • County:Harris
      • Taxes annual:$4, 230
      • MLS #:49580925
      • Cost:715000
      • Property subtype:Multi Family, 5 Plus
      • MLS #:49580925

Location

Tom PhillipsReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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