Homes for sale - 5114 Grantwood ST, Houston, TX 77004

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LJ McGowan

lj.mcgowan@engelvoelkers.com +1(832) 287-3042

$ 825,000

Est. payment -/mo

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Active

5114 Grantwood ST Houston, TX 77004

3 Beds

2 Baths

3,353 SqFt

UPDATED:

11/19/2024 02:38 PM

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 3,353 sqft

Price per Sqft $246

Subdivision Vogel 10 Acs

MLS Listing ID 5770349

Bedrooms 3

Full Baths 2

Year Built 1950

Annual Tax Amount $8,942

Tax Year 2023

Lot Size 9,240 Sqft

Property 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!

Location

State TX

County Harris

Area University Area

Interior

Heating Central Electric, Central Gas, Window Unit

Cooling Central Electric, Window Units

Flooring Tile, Vinyl Plank

Exterior

Roof Type Composition

Building

Lot Description Cul-De-Sac

Story 1

Unit Features Fireplace,Furnished,Window Coverings

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 Deed Restrictions

Tax ID 041-031-034-0180

Energy Description Ceiling Fans,Digital Program Thermostat

Acceptable Financing Cash Sale, Conventional, Investor

Tax Rate 2.1298

Disclosures Sellers Disclosure

Listing Terms Cash Sale, Conventional, Investor

Financing Cash Sale,Conventional,Investor

Special Listing Condition Sellers Disclosure

Houston Association of Realtors (HAR MLS)

Listed by The Advisory Real Estate + Development

LJ McGowan

Advisor | License ID: 716427

+1(832) 287-3042

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