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5215 Palmer ST Houston, TX 77004
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $191
Subdivision Riverside Ext
MLS Listing ID 17868122
Sold Date 11/26/24
Bedrooms 7
Full Baths 5
Year Built 1935
Annual Tax Amount $8,914
Tax Year 2023
Lot Size 5,250 Sqft
Property 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.
Location
State TX
County Harris
Area Riverside
Interior
Heating Central Gas
Cooling Central Electric
Flooring Laminate, Tile
Exterior
Utilities Available Electric, Gas, Water
Roof Type Composition
Building
Lot Description Cleared
Story 2
Unit Features Furnished
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools Lockhart Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Senior Community No
Restrictions Deed Restrictions
Tax ID 061-084-009-0004
Acceptable Financing Cash Sale, Conventional, FHA, VA
Tax Rate 2.1298
Disclosures Sellers Disclosure
Listing Terms Cash Sale, Conventional, FHA, VA
Financing Cash Sale,Conventional,FHA,VA
Special Listing Condition Sellers Disclosure
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Bought with Coldwell Banker Realty - Heights
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