116 Frawley Street, Houston, Texas 77009
This Property is Off-Market
2 Beds
1 Full Bath
Multi-Family
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About 116 Frawley Street
Excellent investment opportunity, combining both a single-family home and three separate rental units.
Main Home: 2 beds / 1 bath, currently rents for $1,250/month. Apartments: Three 1 bed / 1 bath units, each rented separately. Total Rental Income is $4K/month main home & all three units combined Electric
Separate meters for the main house and garage apartments. Tenants of the main home pay their own electricity, while the owner covers utilities for the garage apartments. The area is currently undergoing gentrification, with increasing property values, new construction, and charming homes being built in every direction.This property is close to major highways (I-45, 610, I-10, Hardy) & within walking distance of White Oak Music Hall, providing convenient access to entertainment. This property could be a solid long-term investment with existing cash flow & potential upside in utility bill backs, plus the added benefit of being in an appreciating neighborhood. 24hr Notice required.
Highlights
116 Frawley Street
$389,000
Multi-Family
2,643 Home Sq Ft
Houston 77009
2 Beds
1 Full Bath
5,250 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
057-142-000-0008
Tax Rate
2.0148%
Taxes w/o Exemption/Yr
$7,242 / 2023
Maint Fee
No
Interior Features
Fireplace
No
Floors
Tile, Wood
Heating
Natural Gas
Cooling
Electric
Appliances
Range, Refrigerator
Dishwasher
No
Range
Yes
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Other
Private Pool
No
Area Pool
Maybe
New Construction
No
Front Door
North
Listing Firm
Brombacher & Co.
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Jefferson Elem (Houston) | Elementary | 5 of 10 |
| Marshall Middle (Houston) | Middle | None of 10 |
| Northside High | High | None of 10 |
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.
