$370,000
For Sale

5311 2nd Street

Crosby, TX 77532
2609 sqft | 4 beds | 2 baths | 0.33 acres | #80134778
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Exceptional Investment Opportunity: Two Beautiful Homes on a total of 14,200 sq.ft Lots. BOTH FRONT & BACK HOMES HAVE CURRENT TENANTS / Front Home is a fully renovated gem! 3 bedrooms & 1 bathroom w/total living space of 1,134 square feet. Plumbing from Front Home to City recently replaced. Front Home Leased 4/18/23 at 1,650 p/mo on a 12 month lease. Back Home is a brand-new, 2023 Clayton Homes (Marvel 4) with 4 bedrooms & 2 bathrooms w/total living space of 1,475 square feet. Back Home Leased 3/29/24 at 1,750 p/mo on a 12 month lease. Rent Rolls w/Financials updated 7/1/24 available upon request for thorough analysis creating an 8.81% CAP Rate. This is an investment opportunity to start investing in or grow your portfolio w/Gross Rents of 3400 p/mo income. *Additional parking w/crushed asphalt & gravel has been added between front & back home that are not shown in the MLS pics. Also on the side of Back home has been cleared for more parking. Contact us today for more info and showings

  • Interior Details
      • InteriorCountertops(Granite)
    • Beds & Baths
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot DescriptionSubdivision Lot, Cleared
    • Measurements
      • Acres0.326
      • Square Feet2609
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1953
  • Utilities / Energy Details
      • Utility FeaturesElectric, Natural Gas Connected, Water Connected
  • Community and Neighborhood Details
      • SubdivisionBurris Sec 02
    • Location
      • Elementary SchoolCROSBY ELEMENTARY SCHOOL (CROSBY)
      • Middle SchoolCrosby Middle School (Crosby)
      • High SchoolCROSBY HIGH SCHOOL
      • School District12 - Crosby
      • CountyHarris
  • Financial Details
      • Taxes Annual$3,754
  • Other
      • MLS #80134778

Location

Optima RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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