1310 Lorraine Street, Houston, Texas 77009
$450,000
5 Beds
1 Full Bath
Multi-Family
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About 1310 Lorraine Street
Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.
Highlights
1310 Lorraine Street
$450,000
Multi-Family
4,066 Home Sq Ft
Houston 77009
5 Beds
1 Full Bath
4,650 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
009-050-000-0001
Tax Rate
2.0148%
Taxes w/o Exemption/Yr
$8,828 / 2023
Maint Fee
No
Interior Features
Fireplace
No
Floors
Laminate, Tile
Heating
Electric, Natural Gas, Window Unit
Cooling
Electric, Window Unit(s)
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Other
Exterior
Balcony
Private Pool
No
Area Pool
Maybe
Lot Description
Corner Lot
New Construction
No
Listing Firm
RE/MAX Signature
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Sherman Elem | Elementary | 7 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.
