5001 Pease Street
Houston, TX 77023

  • 3 beds
  • 2 baths
  • 3,514 sqft
  • 5,000 sqft lot
  • $156 per sqft
  • 1925 build
  • on site

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Wonderfully maintained Four unit Income producing East End Revitalized property. Completely updated in 2016 and generated $51,000 a year in 2023. Unit A was recently rented now for $1550 a month increasing your returns. This is a property allowing you to purchase and instantly generate income on day one. The building in the front has a 3/2 unit (rent $1450 in 2023, just increased to $1550) on the first floor and a 2/2 ($1200 a month in 2023) unit upstairs. The back building has 2, 1/1 units ($800 a month for each one) with covered parking in the front of the building. The property is tenant occupied and will not be available to see until an executed contract is in place. The updates on the property include electrical, plumbing, HVAC, paint, cabinets, flooring, appliances, doors and trim. The roof has been recently updated. The 2/1, and the 2, 1/1 are month to month giving the buyer some flexibility if they need to move into the property.

Houston Association of Realtors logo Listing courtesy of HAR / Compass RE Texas, LLC - Memorial

Last checked: Checking… • Last updated May 4, 2024 •

MLS# 10034844 —

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Multifamily Sold on 3/13/2024

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Listing provided by broker:

Jonathan Johnson

Compass RE Texas, LLC - Memorial

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Houston Association of Realtors logo Listing Courtesy of: HAR and Compass RE Texas, LLC - Memorial.

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