Price Reduction
Address
5511 Crane AND 5514 Marcus Streets, Unit 1-13, Houston, TX
Price
$ 1,312,900
Property Attributes
- MLS#59755240
- TypeMulti-Family
- CountyHARRIS
- CityHouston
- Area2
- NeighborhoodKASHMERE GARDENS
- Zip77026
- StyleMulti-Family
- Price$ 1,312,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage10444
- Lot Size1.44628 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description
Thirteen unit investment property being sold as a package. All properties are located on the same driveway between Crane and Marcus Streets. Thirteen 2-Bed / 1-Bath units and two lots. Currently 9 of the thirteen units are leased. Monthly gross rent is $10,335 monthly - $124,020 annually. Market Rent is $18,304 month / $219,648 annual Build two more units on the lots and increase income potential. Do not disturb tenants.
| Elementary School | Middle School | High School |
|---|---|---|
| Isaacs Elementary School | Fleming Middle School | Wheatley High School |
| Price History | |
|---|---|
| 1/6/2024 | Listed $1,690,000 |
| 2/5/2024 | 4% - $1,625,000 |
| 3/26/2024 | 5% - $1,552,000 |
| 4/3/2024 | 2% - $1,536,400 |
| 4/9/2024 | 6% - $1,459,000 |
| 4/16/2024 | 11% - $1,312,900 |
General Features
| Heating | Other Heating |
|---|---|
| Roof | Composition |
| Restrictions | Deed Restrictions |
| Occupancy | 10% to 20% Vacancy,Under 10% Vacancy |
| Full Baths | 1 |
| Year Built | 1963 |
| Subdivision | KASHMERE GARDENS |
| Stories | 1 |
| County | Harris |
| Property Type | Multi-Family |
| Unit Number | 1-13 |
| Legal Subdivision | Kashmere Gardens |
| Status | Active |
| Sub Type | Multiple Detached Dwellings |
| Directions | From Loop 610 and Lockwood,travel SOUTH on Lockwood to Crane Street. Turn LEFT onto Crane Street. Entrance to property is on left. Entrance from Marcus Street is closed off. |
| City | Houston |
| Disclosures | Sellers Disclosure |
| School District | 27 - Houston |
| Street Name | Crane AND 5514 Marcus |
| Geo Market Area | Northside |
| DOM | 117 |
| Elementary School | ISAACS ELEMENTARY SCHOOL |
| Middle School | FLEMING MIDDLE SCHOOL |
| Finance Available | Cash Sale,Conventional,Other |
| High School | WHEATLEY HIGH SCHOOL |
| List Type | Exclusive Right to Sell/Lease |
| Unit Total | 13 |
Interior Features
| Total Bedrooms | 2 |
|---|---|
| Unit Count | 1 |
| Sq Ft Total | 10444 |
| Sq Ft Source | Seller |
| Cool System | Other Cooling |
| Total Baths | 1.00 |
Exterior Features
| Siding | Wood |
|---|---|
| Lot Size Source | Other |
| Front Door Faces | East,West |
| Lot Size | 63000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 77026
Price
Visits
Year Built
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
