7518 Morley ST #6, Houston, TX 77061 | Cross Capital Realty

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Larry Cedillo

larrycedillo.broker@gmail.com +1(281) 746-1512

$525,000

Est. payment - /mo

2 Beds

1 Bath

3,016 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Plus

Listing Status Active

Purchase Type For Sale

Square Footage 3,016 sqft

Price per Sqft $174

Subdivision Fairfield

MLS Listing ID 4457718

Bedrooms 2

Full Baths 1

Year Built 1980

Annual Tax Amount $8,252

Tax Year 2024

Lot Size 0.326 Acres

Property Sub-Type 5 Plus

Property Description

Perfect entry point into Multifamily! Buy a nice house or this cash flowing asset! All units fully renovated! 6units - (5) 2 bed/1 Bath, (1)Studio with kitchenette. Do not walk the property or speak to tenants, viewing after offer acceptance & proof of funds. Studio F & Units A,B,C,D,E all (2bed/1bath units) all fully renovated in 2021, 2022, 2024. Water & electric by landlord. Roof 2017, partial siding replaced in 2020, 2022, 2025. Exterior Painted 2020, partial PEX/PVC water piping, 2 water heaters replaced 2014 & 2020, all new AC window units 2020/2021/2024, trees cleared along fence line 2021, parking lot raised and leveled with new rock 2021, new wired fire alarm installed in all units 2021. $70k area income, 34k VPD, property stays 100% occupied. 2 minutes from Hobby Airport and surrounding retail. 1 minute walk to bus stop & laundry facilities. 4min to Kroger, 8min to HEB. Text Agent for offering package with property information.

Location

State TX

County Harris

Area Hobby Area

Interior

Heating Window Unit

Cooling Window Units

Flooring Tile

Exterior

Utilities Available Electric, Water

Roof Type Composition

Building

Story 1

Structure Type Wood

New Construction No

Schools

Elementary Schools Lewis/Bellfort Academy

Middle Schools Ortiz Middle School

High Schools Chavez High School

School District 27 - Houston

Others

Senior Community No

Restrictions None

Tax ID 074-039-007-0001

Energy Description Ceiling Fans,Insulation - Batt

Acceptable Financing Cash Sale, Conventional, Exchange or Trade, Investor, Other, Seller May Contribute to Buyer's Closing Costs

Tax Rate 2.217362

Disclosures No Disclosures, Owner/Agent, Sellers Disclosure, Tenant Occupied

Listing Terms Cash Sale, Conventional, Exchange or Trade, Investor, Other, Seller May Contribute to Buyer's Closing Costs

Financing Cash Sale,Conventional,Exchange or Trade,Investor,Other,Seller May Contribute to Buyer's Closing Costs

Special Listing Condition No Disclosures, Owner/Agent, Sellers Disclosure, Tenant Occupied

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Houston Association of Realtors (HAR MLS)

Listed by Heinz Properties • Nicholas Heinz

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Vicky Cedillo

+1(832) 797-6431

Brokerage Owner | License ID: 607705

Brokerage Owner License ID: 607705

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7518 Morley ST #6 Houston, TX 77061