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For Sale 77011 Houston

4601 Canal St

Houston, TX 77011

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For Sale

Active

$408,500

Est. Mortgage 2,212/month

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1,248 Sqft. ($327/Sqft.)

7,728 Lot Sqft

Multi-Family - Multiple Detached Dw

9 Day(s) on Market

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Description

Perfect investment for the new or seasoned cash flow investor. Property is fully leased, generates $3100+/month gross revenue, & operates trouble free. Property consists of 2 buildings, each with 2 units (4 units total) on an oversized ~ 7700 sq. ft. corner lot. Located on Canal St., a beautiful tree lined street that acts as an important east/west artery through the East End. 2 units include washer / dryer connections. Also includes 4 empty storage units that could be rented for additional monthly revenue. Many options with this property. 1. Operate as-is with stable, steadily increasing cash flow while the property value appreciates. 2. Move in and make this your home, then live expense free with rent from the other units covering your monthly expenses. 3. Upgrade the units to generate significant additional cash flow. Rent roll, survey, and income statement are available on request. No showings without an contract. Please do not disturb the tenants.

MLS#

73940668

List Price

$408,500 ($327/Sqft.)

Listing Status

For Sale

Address

4601 Canal St

City

Houston

State

Zip Code

77011

County

Harris County

Subdivision

Navigation (View subdivision price trend)

Legal Description

LT 6 BLK 19 NAVIGATION

Property Type

Multi-Family - Multiple Detached Dw

Stories

Building Size

1,248 Sqft/Appraisal District

Year Built

1929 /Appraisal District

Lot Size

7,728 Sqft./Appraisal District

Key Map©

494P

Market Area

East End Revitalized

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PRESENTED BY

Drew Platt Platinum

4.94 / 5 (78 surveys)

Boulevard Realty

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Exterior

Roof

Composition

Exterior Type

Wood

Lot Description

Corner

Front Door Face

South

Interior

Floors

Laminate, Wood

Cooling

No Cooling/Vent, Window Units

Heating

Window Unit

Rooms

Unit1 Bed

10 x 20

Unit1 Bed

10 x 15

Unit1 Kitchen

10 x 6

Unit1 Kitchen

10 x 20

Unit1 Living

20 x 12

Unit1 Living

10 x 17

Lot information

Lot Size

7,728 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional, FHA, VA

Other Fees

Maintenance Fee

Taxes w/o Exemp

$6,601/2023

Tax Rate

2.1648

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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4601 Canal St

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.