116 Frawley Street Houston, TX 77009
Excellent investment opportunity, combining both a single-family home and three separate rental units. Main Home: 2 beds / 1 bath, currently rented 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.
- Property TypeMulti-Family
- NeighborhoodBradley White Oak Blk 1 2
- CountyHarris
- Taxes$7,242
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID Number33059177
- Home Size Source N/A
- Year Built1935
- Lot Size0.1205 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Parking Driveway Gate
- Number of Stories 2
- Acreage 0.1205
- Accessibility Features Accessible Approach with Ramp
- Direction Faces North
Interior Features
- Cooling Electric
- Heating Natural Gas
- Appliances RangeRefrigerator
- Flooring TileWood
Exterior Features
- Roof Other
Community Features
- MLS Area 9