5215 Palmer Street Houston, TX 77004
Listing Courtesy of: HOUSTON / Real Properties

  5215 Palmer Street Houston, TX 77004

Pending (265 Days)
$715,000
7
BED
5
BATH
3,286
SQFT

Description

Great turnkey investment opportunity! Completely remodeled, fully furnished Duplex plus a Casita! Currently being used as an Airbnb and grossed $94k over the past 12 months. The front building features two units, each with 3 bedrooms, 2 full bathrooms, a full kitchen, and living area; the Casita in the back is a studio apartment with a full bathroom. All three units were fully remodeled and updated in 2023. The shared courtyard with string lights is perfect for guests/tenants to enjoy. Just minutes from the Texas Medical Center, Museum District, and Universities. Airbnb bookings in the area continue to increase from a year ago. All appliances included with the sale! Cap rate 8.9% at asking.

MLS #:
17868122
Taxes
$8,914(2023)
Lot Size
5,250 SQFT
Type
Multifamily
Year Built
1935
School District
27 - Houston
County
Harris County

Listed By

Marco Mendoza, Real Properties
Source
HOUSTON
Last checked Nov 22 2024 at 3:50 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Subdivision
  • Riverside Ext
Heating and Cooling
  • Central Gas
  • Central Electric
Flooring
  • Tile
  • Laminate
Exterior Features
  • Wood
  • Brick
  • Roof: Composition
Utility Information
  • Utilities: Electric, Gas, Water
School Information
  • Elementary School: Lockhart Elementary School
  • Middle School: Cullen Middle School (Houston)
  • High School: Yates High School
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 15, 2024
Price Changed
$715,000
-1%
-10,000
Apr 03, 2024
Price Changed
$725,000
-3%
-25,000
Feb 15, 2024
Original Price
$750,000
-
-
Disclaimer: Copyright 2024 Houston Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/22/24 07:50