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Ron Comeaux

ron.comeaux035309+inactive@exprealty.com +1(713) 882-3066

$1,200,000

Est. payment - /mo

2 Beds

1 Bath

8,490 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,490 sqft

Price per Sqft $141

Subdivision Smiley Place Sec 01

MLS Listing ID 73391844

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1960

Annual Tax Amount $12,343

Tax Year 2024

Property Sub-Type Multi Family

Property Description

Excellent value-add investment opportunity in a developing pocket of Northeast Houston. This 15-unit property features 10 studio apartments along with 1-bedroom and 2-bedroom layouts, situated on an expansive 19,274 square foot lot. The property is fully occupied on stable short-term and month-to-month leases, providing immediate cash flow on day one. Strong upside potential through targeted renovations to align with rising neighborhood rents, or full redevelopment leveraging the large lot footprint. New construction is active in the immediate surrounding area. Tenant occupied—please do not disturb occupants.

Location

State TX

County Harris

Area Northeast Houston

Interior

Heating Window Unit

Cooling Central Air, Electric, Gas, Window Unit(s)

Fireplace No

Exterior

Roof Type Other

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools Hilliard Elementary School

Middle Schools Forest Brook Middle School

High Schools North Forest High School

School District 27 - Houston

Others

Tax ID 079-079-005-0055

Disclosures Owner Is Listing Agent

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Houston Realtors Information Service / HAR MLS

Listed by SES Real Estate Group Eduardo Pena

NEARBY SCHOOL & BUSINESS

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Ron Comeaux

+1(713) 882-3066

Real Estate Advisor

9849 Mesa DR Houston, TX 77078

Ron Comeaux

Key Details

Location

Interior

Exterior

Building

Schools

Others