Houston, TX 77009,116 Frawley ST
Houston, TX 77009,116 Frawley ST
Houston, TX 77009,116 Frawley ST
Houston, TX 77009,116 Frawley ST
Houston, TX 77009,116 Frawley ST
Houston, TX 77009,116 Frawley ST
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$ 399,000
Est. payment | /mo

2 Beds

1 Bath

2,643 SqFt


Save
$ 399,000
Est. payment | /mo
Save

2 Beds

1 Bath

2,643 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,643 sqft

Price per Sqft $150

Subdivision Bradley White Oak Blk 1 2

MLS Listing ID 33059177

Bedrooms 2

Full Baths 1

Year Built 1935

Annual Tax Amount $7,242

Tax Year 2023

Lot Size 5,250 Sqft

Property Description

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 $3,950/month (main home & all three units combined).
Electric: Separate meters for the main house and garage apartments. Tenants of the main home pay for 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 Tollway) and 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.

Location

State TX

County Harris

Area Northside

Interior

Heating Central Gas

Cooling Central Electric

Flooring Tile, Wood

Exterior

Roof Type Other

Accessibility Driveway Gate

Parking Type Driveway Gate

Building

Faces North

Story 2

Unit Features Fenced Area

New Construction No

Schools

Elementary Schools Jefferson Elementary School (Houston)

Middle Schools Marshall Middle School (Houston)

High Schools Northside High School

School District 27 - Houston

Others

Senior Community No

Restrictions Unknown

Tax ID 057-142-000-0008

Acceptable Financing Cash Sale, Conventional, FHA, Investor

Tax Rate 2.0148

Disclosures No Disclosures, Tenant Occupied

Listing Terms Cash Sale, Conventional, FHA, Investor

Financing Cash Sale,Conventional,FHA,Investor

Special Listing Condition No Disclosures, Tenant Occupied

Houston Association of Realtors (HAR MLS)
Listed by Brombacher & Co.
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116 Frawley ST