505 71st Street Houston, TX ^$ 3,599,900

505 71st Street

^$ 3,599,900

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505 71st Street

Houston, TX, 77011

^$ 3,599,900

Bedrooms2 Baths1.0 Sq 29,789

Monthly Estimate*

^$ 23,926

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Multi-Family Home for sale in Houston, TX

for $3,599,900 with 2 bedrooms and 1 full bath. This 29,789 square foot home was built in 1930 on a lot size of 1.58005.

!!FANTASTIC INVESTMENT OPPORTUNITY!! Portfolio of 4 INCOME PRODUCING properties consisting of 52 units total. The portfolio consists of 4 properties located in 77011 (COH Opportunity Zone), 77020 (COH Opportunity Zone) and 77026. Renovations ranging from 2018-2021 include NEW FLOORING, PLUMBING, WATER HEATERS, WINDOWS, PAINT, ELECTRICAL, REMODELED KITCHENS AND BATHROOMS. Schedule your showing today!

Multi-Family Active

Price

^$ 3,599,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 47,000

Style

Multi-Family

Lot Size

1.58005

Year Built

1930

Town/City

Houston

County/Region

Harris

MLS | Web ID

23328050

Features

General

Heating Window Unit

Roof Composition

Restrictions None

Occupancy Under 10% Vacancy

Full Baths 1

Year Built 1930

New Construction 0

Subdivision Central Park

Stories 1

County Harris

Property Type Multi-Family

Yearly Taxes 47000

Tax Year 2022

Status Active

Sub Type Multiple Detached Dwellings

Directions Properties are located in East End Revitalized and Denver Harbor.

City Houston

Disclosures Special Addendum

School District 27 - Houston

Street Name 71st

Geo Market Area East End Revitalized

DOM 252

Maintenance Fee Y/N 0

Elementary School FRANKLIN ELEMENTARY SCHOOL (HOUSTON)

Middle School EDISON MIDDLE SCHOOL

Finance Available Cash Sale Conventional Investor Owner Financing

High School AUSTIN HIGH SCHOOL (HOUSTON)

List Type Exclusive Right to Sell/Lease

Unit Total 20

Interior

Total Bedrooms 2

Total Baths 1.00

Exterior

Lot Size Source Other

Lot Size 68827

* Excluded Features

List By

Nuway Realty Group Llc

Broker

ilianarealestate@gmail.com

Affordability Calculator

$27,843

Per Month

Monthly Principal & Interest: $23,926
Monthly Property Taxes: $3,917
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Houston, TX

Average List Price ^$704,010

Percent of Sale Price 80%

About Houston, TX

2,378,866 Population

18% Since 2002

^$51,620 Median Income

34.82 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1829454 Elementary School

1830519 Middle School

Austin High School (Houston) High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/12/2024	$3,599,900	-2.57%	Price Down
1/15/2024	$3,695,000	-6.46%	Price Down
1/11/2024	$3,950,000	-1.25%	Price Down
11/7/2023	$3,999,900	-4.76%	Price Down
9/21/2023	$4,199,900		Listed Price

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505 71st Street, Houston, TX, 77011 is a Multi-Family Home for sale at $3,599,900 with 29,789 sqft and a lot size of 1.58005. 505 71st Street has 2 bedrooms, 1.0 baths, and was built in 1930. The property's zip code is 77011 which is in Houston, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange (IDX) Program of the Houston Realtors Information Service, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/3/2024.

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505 71st Street

Multi-Family Home for sale in Houston, TX

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