Houston Properties

5621 Eskridge Street, Houston, Texas 77023

$375,000

 
Paige Martin
713-384-5177
[email protected]
Real Estate Broker
Keller Williams Memorial

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About 5621 Eskridge Street

Back on the market again and with increased rents that increases the value of the property! Come and add this investment property to your portfolio and hit the ground running with good tenants and cash-flow immediately! This is a 5 unit complex consisting of 2 buildings. The front 2 story building is a duplex consisting of 2/1 units and the rear 2 story building is a triplex consisting of 1/1 units with one of the units containing a garage. There is also a laundry room ready for use where you can install coin-operated washer/dryer for added revenue. Current gross rents now at $3,790 with room to increase rents on all units in the future. 4 tenants are under contract, one is M2M. Cap rate now between 9-10% and can raise rents to receive over $4k/month to increase cap rate and cash-flow. The 2/1 units contain the kitchen and LR on the 1st floor, BR and Bath on 2nd floor. The 1/1 have their kitchen and LR on one half and the BR and Bath on the other half. Photos of property when empty

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Highlights

General Description

  • Listing Price $375,000
  • City Houston
  • Zip Code 77023
  • Subdivision Sunnylan
  • Listing Status Active
  • Baths 1 Full Bath(s)
  • Stories 2
  • Year Built 1939 / Appraisal District
  • Lot Size 5,000 / Appraisal District
  • MLS # 40701206 (HAR)
  • Days on Market 70 days
  • Total Days on Market 70 days
  • List Price / Sq Ft $140.45
  • Address 5621 Eskridge Street
  • State Texas
  • County Harris
  • Property Type Multi-Family
  • Bedrooms 2
  • Garage 0
  • Building Sq Ft 2,670
  • Market Area East End Revitalized Area
  • Key Map 534C
  • Area 4

Taxes & Fees

  • Tax ID060-062-010-0019
  • Tax Rate2.5716%
  • Taxes w/o Exemption/Yr$6,533 / 2020
  • Maint FeeNo

Click here to read more about taxes & exemptions

Room/Lot Size

  • Study/Library16x13

Interior Features

  • FireplaceNo
  • Floors Tile, Vinyl, Vinyl Plank
  • Heating Wall Heater, Window Unit
  • Cooling Window Units
  • DishwasherMaybe
  • RangeYes
  • DisposalMaybe
  • MicrowaveMaybe
  • Energy Feature Ceiling Fans
  • LoftMaybe

Exterior Features

  • Roof Composition
  • Exterior Type Brick, Cement Board
  • Private PoolMaybe
  • Area PoolMaybe
  • New ConstructionNo
  • Listing FirmThe Horizon Team

Schools (HOUSTO - 27 - Houston)

Name Grade Great School Ranking Performance Index Distinction Designations
Henderson J Elem Elementary 6 of 10 4 of 4 3 of 7
Jackson Middle (Houston) Middle 4 of 10 6 of 4 0 of 7
Austin High (Houston) High 2 of 10 4 of 4 2 of 7

Read more about Houston's Top Schools

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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Paige Martin
713-384-5177
[email protected]
Real Estate Broker
Keller Williams Memorial

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Paige Martin

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