2917 Ashley ST #12 Pending

Houston,TX 77017

$ 950000

- Bed

0 Bath

3053 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,053 sqft

Price per Sqft $311

Subdivision Park Place Acre Villa

MLS Listing ID 7252518

Year Built 1940

Annual Tax Amount $14,558

Tax Year 2024

Property Sub-Type Multi Family

Property Description

Kevin Riles Commercial is pleased to offer this exceptional investment opportunity in Houston's Park Place neighborhood! This 12-unit apartment complex offers a unique mix of long-term and short-term rental income, making it ideal for a first-time multifamily investor or a seasoned buyer looking to expand their portfolio.
Property Highlights:
-12 one-bedroom units
- Six units currently operating as Airbnb rentals – fully furnished and recently updated - Six traditional rental units – offering an opportunity to renovate and increase value
- Upgraded parking lot and recent capital improvements completed by the current
owner
- Potential for higher revenue by converting additional units to short-term rentals
Prime Location:
- Near 610 South & I-45 South for easy accessibility - Just north of Houston Botanic Garden
- 13 minutes to Hobby Airport
- 20 minutes to Downtown Houston

Location

State TX

County Harris

Area 3

Interior

Heating Window Unit

Cooling Window Unit(s)

Exterior

Roof Type Composition

Building

New Construction No

Schools

Elementary Schools Sanchez Elementary School (Houston)

Middle Schools Deady Middle School

High Schools Chavez High School

School District 27 - Houston

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