$825,000
For Sale

5114 Grantwood Street

Houston, TX 77004
3353 sqft | 3 beds | 2 baths | 0.21 acres | #5770349
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This currently operated STR is a golden 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 high 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 10% and with this large lot there is additional potential 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!

  • Interior Details
      • InteriorCountertops(Quartz)
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior MaterialsPrivate Entrance
      • Lot DescriptionCul-De-Sac
    • Measurements
      • Acres0.2121
      • Square Feet3353
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1950
  • Community and Neighborhood Details
      • SubdivisionVogel 10 Acs
    • Location
      • Middle SchoolCullen Middle School (Houston)
      • Elementary SchoolLOCKHART ELEMENTARY SCHOOL
      • High SchoolYATES HIGH SCHOOL
      • School District27 - Houston
      • CountyHarris
  • Financial Details
      • Taxes Annual$8,942
  • Other
      • MLS #5770349

Location

Troy SmithReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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