116 Frawley Street, Houston, Texas 77009
$389,000
- 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.
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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
- Listing Price $389,000
- City Houston
- Zip Code 77009
- Subdivision Bradley White Oak Blk 1 2
- Listing Status Active
- Baths 1 Full Bath(s)
- Stories 2
- Year Built 1935 / Appraisal District
- Lot Size 5,250 / Appraisal District
- MLS # 63598318 (HAR)
- Days on Market 5 days
- Total Days on Market 163 days
- List Price / Sq Ft $147.18
- Address 116 Frawley Street
- State Texas
- County Harris
- Property Type Multi-Family
- Bedrooms 2
- Garage 0
- Building Sq Ft 2,643
- Market Area Northside Area
- Key Map 453Y
- Area 9
Taxes & Fees
- Tax ID057-142-000-0008
- Tax Rate2.0148%
- Taxes w/o Exemption/Yr$7,242 / 2023
- Maint FeeNo
Interior Features
- FireplaceNo
-
Floors
Tile,
Wood
-
Heating
Central Gas
-
Cooling
Central Electric
- DishwasherMaybe
- RangeYes
- DisposalMaybe
- MicrowaveMaybe
- LoftMaybe
Exterior Features
-
Roof
Other
- Private PoolMaybe
- Area PoolMaybe
- New ConstructionNo
-
Front Door
North
- Listing Firm
Schools (HOUSTO - 27 - Houston)
Name |
Grade |
Great School Ranking |
Performance Index |
Distinction Designations |
Jefferson Elem (Houston) |
Elementary |
3 of 10 |
4 of 4 |
0 of 7 |
Marshall Middle |
Middle |
2 of 10 |
6 of 4 |
1 of 7 |
Davis High (Houston) |
High |
2 of 10 |
3 of 4 |
1 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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