5621 Eskridge St, Houston   -   

$390,000

Status: Active

7 Beds
5 Baths
2,670 Sqft
5,000 Sqft (Lot Size)
0 Garages

Invest in a special side of Houston called EaDo and make a great return on your money. This is a 5 unit complex consisting of 2 buildings. The front 2 story building is a duplex consisting of 2/1 units and the rear 2 story building is a triplex consisting of three 1/1 units with one of the units containing a garage. All units are currently occupied and under contracts. Current gross rents are at $3,515 with plenty of room to increase rents in at least 3 units and increasing total monthly rents to over $4,000. Current rents bring the cap rate between 8-9% but can be increased to 10% cap rate when rents are increased. For the 2/1 units, the 1st floor consists of the kitchen and living room while the second floor consists of the 2 bedrooms and the bathroom. The 1 bedroom units all have their kitchen and living room on one half and the other half is the bedroom with the bathroom. Photos are of property when empty. All tenants have been paying well.

Essential Information
MLS® #9277837
Price$390,000
Bedrooms7
Bathrooms5.00
Full Baths5
Square Footage2,670
Lot Size5,000
Acres0.00
Year Built1939
TypeMulti-Family
Sub-Type5 Plus
StatusActive
Community Information
Address5621 Eskridge St
Area4 - South
SubdivisionSunnylan
CityHouston
CountyHarris
StateTexas
Zip Code77023-4721
Amenities
UtilitiesGas, Electric, Water
FeaturesFire/Smoke Alarm
ParkingGarage Parking
Interior
HeatingWindow Unit, Wall Heater
CoolingWindow Units
# of Stories2.00
Exterior
Lot DescriptionOther
RoofComposition
School Information
District27 - Houston
ElementaryHENDERSON J ELEMENTARY SCHOOL
HighAUSTIN HIGH SCHOOL (HOUSTON)
Middle

JACKSON MIDDLE SCHOOL (HOUSTON)

Additional Information
Days on Website187
Listing Details
OfficeThe Horizon Team
Property History
Price Reduced from $395,000 to $390,000

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