4601 Canal Street, Houston, Texas 77011
$408,500
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About 4601 Canal Street
Perfect investment for the new or seasoned cash flow investor. Property is fully leased, generates $3100+/month gross revenue, & operates trouble free. Property consists of 2 buildings, each with 2 units (4 units total) on an oversized ~ 7700 sq. ft. corner lot. Located on Canal St., a beautiful tree lined street that acts as an important east/west artery through the East End. 2 units include washer / dryer connections. Also includes 4 empty storage units that could be rented for additional monthly revenue. Many options with this property. 1. Operate as-is with stable, steadily increasing cash flow while the property value appreciates.
2. Move in and make this your home, then live expense free with rent from the other units covering your monthly expenses. 3. Upgrade the units to generate significant additional cash flow. Rent roll, survey, and income statement are available on request. No showings without an contract. Please do not disturb the tenants.
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Highlights
- 4601 Canal Street
- $408,500
- Multi-Family
- 1,248 Home Sq Ft
- Houston 77011
- 1 Bed
- 1 Full Bath
- 7,728 Lot Sq Ft
General Description
- Listing Price $408,500
- City Houston
- Zip Code 77011
- Subdivision Navigation
- Listing Status Active
- Baths 1 Full Bath(s)
- Stories 1
- Year Built 1929 / Appraisal District
- Lot Size 7,728 / Appraisal District
- MLS # 73940668 (HAR)
- Days on Market 15 days
- Total Days on Market 15 days
- List Price / Sq Ft $327.32
- Address 4601 Canal Street
- State Texas
- County Harris
- Property Type Multi-Family
- Bedrooms 1
- Garage 0
- Building Sq Ft 1,248
- Market Area East End Revitalized Area
- Key Map 494P
- Area 4
Taxes & Fees
- Tax ID054-291-000-0006
- Tax Rate2.1648%
- Taxes w/o Exemption/Yr$6,601 / 2023
- Maint FeeNo
Interior Features
- FireplaceNo
-
Floors
Laminate,
Wood
-
Heating
Window Unit
-
Cooling
No Cooling/Vent,
Window Units
- DishwasherMaybe
- RangeYes
- DisposalMaybe
- MicrowaveMaybe
- LoftMaybe
Exterior Features
-
Roof
Composition
-
Exterior Type
Wood
- Private PoolMaybe
- Area PoolMaybe
-
Lot Description
Corner
- New ConstructionNo
-
Front Door
South
- Listing FirmListingResults.com
Schools (HOUSTO - 27 - Houston)
Name |
Grade |
Great School Ranking |
Performance Index |
Distinction Designations |
Burnet Elem (Houston) |
Elementary |
6 of 10 |
3 of 4 |
0 of 7 |
Jackson Middle (Houston) |
Middle |
5 of 10 |
6 of 4 |
0 of 7 |
Austin High (Houston) |
High |
2 of 10 |
4 of 4 |
2 of 7 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
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