TX > Houston > Magnolia Park Sec 02
Houston, TX 77011,7425 Avenue E
Houston, TX 77011,7425 Avenue E
Houston, TX 77011,7425 Avenue E
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$395,000
Est. payment /mo
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5 Beds
5 Baths
2,665 SqFt
New

7425 Avenue E Houston, TX 77011

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The Ion Group Brokered By REAL

The Ion Group Brokered By REAL

+1(832) 621-3020

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,665 sqft

Price per Sqft $148

Subdivision Magnolia Park Sec 02

MLS Listing ID 90756951

Bedrooms 5

Full Baths 5

Year Built 1930

Annual Tax Amount $5,650

Tax Year 2024

Lot Size 5,000 Sqft

Property Sub-Type Fourplex

Property Description

This income-generating fourplex is a true CASH COW! perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Strategically located in a high-demand rental area, it boasts long-term tenants, strong occupancy rates, and impressive cash flow. Both 1 bed/1 bath units are rented out ($950 each) already with a 1 yr lease. 3 bed/1 bath unit has been recently rented out for $1,100 w/ 1 yr lease. 1 bed/1 bath unit can be rented out $950+. This multi-family property can bring in $4K+ a month. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don't miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity!

Location

State TX

County Harris

Area East End Revitalized

Interior

Heating Central Electric, Central Gas

Cooling Central Electric, Central Gas

Exterior

Roof Type Composition

Building

Story 1

New Construction No

Schools

Elementary Schools Gallegos Elementary School (Houston)

Middle Schools Edison Middle School

High Schools Austin High School (Houston)

School District 27 - Houston

Others

Senior Community No

Restrictions Unknown

Tax ID 025-130-000-0011

Acceptable Financing Cash Sale, Conventional, FHA, Investor, Other

Tax Rate 2.2424

Disclosures Other Disclosures, Sellers Disclosure

Listing Terms Cash Sale, Conventional, FHA, Investor, Other

Financing Cash Sale,Conventional,FHA,Investor,Other

Special Listing Condition Other Disclosures, Sellers Disclosure

Houston Association of Realtors (HAR MLS)
Listed by AEA Realty, LLC • Michael Carbajal

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The Ion Group Brokered By REAL

Broker Associate | License ID: 480895

+1(832) 621-3020

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7425 Avenue E