2218 Arbor Street Houston, TX $ 579,000
2218 Arbor Street
$ 579,000
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2218 Arbor Street

Houston, TX, 77004
$ 579,000
Bedrooms5 Baths3.0 Sq 2,988

Monthly Estimate*

$ 3,848

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Multi-Family Home for sale in Houston, TX

for $579,000 with 5 bedrooms and 3 full baths. This 2,988 square foot home was built in 1940 on a lot size of 0.137741.

GREAT MIDTOWN/MEDICAL CENTER/DOWNTOWN/UNIVERSITY/EVERYTHING LOCATION. Located 2 blocks off of Hwy 288 and Southmore Blvd. Access to all major Freeways I-59/69 AND I-45 as well as the METRO RAIL. This is indeed a Goldmine for the one with a Creative Imagination. Can support AIR BNB/Short Term Rental, Loft Development, Student Housing and/or convert to an Elegant Single Family with separate Living Quarters. Value Add!! Currently Tri-Plex with two Tenants in order to accommodate the ease of showing. *ONLY SHOW VACANT UNIT #A DOWNSTAIRS*. Remaining units Leases to Expire 7/31/2024 for to offer flexibility to new Owners. DO NOT DISTURB THE TENANTS. "Property Being Sold AS IS ONLY" See Revised Seller Disclosure *Each Unit comes with a separate Storage space/closet with secure door for additional belongings and privacy*

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Multi-Family Active

Price

$ 579,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,715

Style

Multi-Family

Lot Size

0.137741

Year Built

1940

Town/City

Houston

County/Region

Harris

MLS | Web ID

8351904

Features
General
Heating Central Electric Central Gas
Utilities Electric Gas Water
Roof Composition
Restrictions Unknown
Occupancy Over 20% Vacancy
Full Baths 3
Year Built 1940
New Construction 0
Subdivision Riverside Terrace Sec 01
Stories 2
County Harris
Tax Rate 2.1298
Property Type Multi-Family
Yearly Taxes 13715
Tax Year 2023
Legal Subdivision RIVERSIDE TERRACE
Status Active
Sub Type Triplex
Directions Traveling South from Downtown Houston on Highway 288 South Freeway Exit Southmore Blvd. Turn left on Southmore Blvd and go East to Emancipation Blvd. Turn Left on Emancipation Blvd and go 2 to 3 bloc
City Houston
Disclosures Sellers Disclosure Tenant Occupied
School District 27 - Houston
Geo Market Area University Area
DOM 332
Maintenance Fee Y/N 0
Elementary School LOCKHART ELEMENTARY SCHOOL
Middle School CULLEN MIDDLE SCHOOL (HOUSTON)
Finance Available Cash Sale Conventional Investor USDA Loan VA
High School YATES HIGH SCHOOL
List Type Exclusive Right to Sell/Lease
Unit Total 3
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Exterior
Siding Brick
Lot Size Source Appraisal District
Front Door Faces North
Parking Description Off Site Parking Paved Area
Lot Size 6000
Lot Description Cleared
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Interior
Unit Features Hardwood Floors
Total Bedrooms 5
Floors Brick Wood
Disposal 1
Refrigerator 1
Range 1
Dishwasher 0
Total Baths 3.00
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* Excluded Features
List By
Lone Star Realty

Broker

miraclefundinginc@yahoo.com

Email

Affordability Calculator

$4,991
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$1,143
Monthly 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
1770743 Elementary School
1770835 Middle School
Yates High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2024$579,000 -7.95% Price Down
4/16/2024$629,000 Listed Price

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2218 Arbor Street, Houston, TX, 77004 is a Multi-Family Home for sale at $579,000 with 2,988 sqft and a lot size of 0.137741. 2218 Arbor Street has 5 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 77004 which is in Houston, TX