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1612 Richmond Ave

Houston, TX 77006
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For Sale
Under Contract – P
2,857 Sqft. ($350/Sqft.)
5,250 Lot Sqft
Multi-Family - Duplex

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General Description

Two Beautuful and unique apartments, one unit on first level, one unit on second level. Currently, each are 2 bedroom/loft style studio residential space, perfect for living in one and leasing out the other for additional income. Also, proven as a successful Airbnb. Second level unit has high ceilings with exposed A/C duct and a balcony with views. Washers and dryers included. Buyer could add another unit for more added investment value or convert to a single family home. Located within walking distance to multiple restaurants, Mandell Park, Menil Museum and close to Rice University and St. Thomas University. Nearby to Starbucks and HEB. Great for entertaining! Multiple parking spots in front of the building. PLEASE DO NOT DISTURB TENANTS, DRIVE BY ONLY!

MLS#
8069320
List Price
$999,000 ($350/Sqft.)
Listing Status
Under Contract – P
Address
1612 Richmond Ave
City
Houston
State
TX
Zip Code
77006
County
Harris County
Legal Description
TR 27 BLK 5 LANCASTER PLACE EXTN SEC 2
Property Type
Multi-Family - Duplex
Stories
2
Building Size
2,857 Sqft/Appraisal District
Year Built
2018 /Appraisal District
Lot Size
5,250 Sqft./Appraisal District
Key Map©
492Z
Market Area

Exterior

Roof
Other
Exterior Type
Other
Parking
Paved Area
Parking Unit
More than Two

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$20,148/2023
Tax Rate
2.0148

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Fenced Area
Buyer Agent Compensation*
2%
Sub Agent Compensation*
0%

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

Interior

Countertop
Quartz
Floors
Concrete, Wood
Cooling
Central Electric
Heating
Central Electric
Compactor
No
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Energy Star/CFL/LED Lights, Insulation - Batt, Insulation - Rigid Foam, Insulated/Low-E windows, HVAC>13 SEER, Digital Program Thermostat

Lot Information

Lot Size
5,250 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
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Source

Houston Association of REALTORS
Source last updated Apr 27, 2024 at 07:42 AM
Listing last updated Apr 01, 2024 at 12:32 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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