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Sold 77088 Houston

7200 T C Jester Boulevard

Houston, TX 77088

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Sold

$185,001 - $215,000

Sold on March 31, 2020

3 Bedroom(s)

2 Full Bath(s)

3,751 Sqft.

5,025 Lot Sqft

Multi-Family - Fourplex

2 Day(s) on Market

Description

Spectacular Investment Opportunity, CASH FLOW PROPERTY, fully occupied 4 plex located in beautiful gated Inwood Village, excellent location. Many renovations and upgrades have been made including replacing 2 HVAC systems. 4 Plex has 1 unit - 3 bedroom 2 bath, 1 unit - 2 bedroom 2 bath, and 2 units – 1 bedroom 1 bath. HOA takes care of all common areas and exterior of building repairs and maintenance. Only the 2 bedroom is available for showing, DO NOT DISTURB OTHER TENANTS. NEVER FLOODED. 2019 Numbers: Rent plus water fee: $1040, $845, $685, & $663. Total Annual Revenue $38,796. HOA fee $745 per month, Water, Sewer & Trash Fee averages $190 per month, Taxes $4,149, Insurance $990. Net Income $22,437, CAP RATE 12.5%.

MLS#

40261886

Sold Price Range

$185,001 - $215,000

Listing Status

Sold

Address

7200 T C Jester Boulevard

City

Houston

State

Zip Code

77088

County

Harris County

Subdivision

Inwood Village

Legal Description

LT 34 BLK 2 INWOOD VILLAGE

Property Type

Multi-Family - Fourplex

Bedroom

3 Bedroom(s)

Bath

2 Full Bath(s)

Stories

Year Built

1983 / Appraisal District

Building Size

3,751 Sqft/Appraisal District

Lot Size

5,025 Sqft./Appraisal District

Maintenance Fee

$745 / Monthly

Key Map©

411Z

Market Area

Northwest Houston

Property website

Property map

Street
view

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directions

PRESENTED BY

Norberto Lopez Platinum

Keller Williams Signature

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Exterior

Roof

Composition

Interior

Floors

Tile

Cooling

Central Electric

Heating

Central Electric

Compactor

Dishwasher

Yes

Disposal

Yes

Microwave

Yes

Energy Feature

Ceiling Fans

Lot information

Lot Size

5,025 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

Other Fees

Maintenance Fee

Yes / $745 / Monthly

Maint Fee Includes

Exterior Building,Grounds,Insurance,Limited Access Gates,On Site Guard

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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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.