801-803 66th St St, Houston, TX 77011

Bed
1
Bath
1

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Listed byColdwell Banker Ultimate
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Overview

Welcome to 801-803 66th St, a highly efficient, fully occupied 8-plex sitting directly in the path of progress in Houston's booming Greater East End footprint. Boasting an actual NOI of $57,741, this asset offers a low-risk position inside the Loop. The property features high-ticket capital expenditures already handled by the seller, including a recent roof, replaced water main lines, updated attic insulation. Operationally, the property is a dream value-add canvas. With room for cosmetic updates to increase equity and the building's overall net operating yield. Situated in the transitioning urban infill pocket of Magnolia Park, residents enjoy effortless access to the transit arteries of Downtown Houston, the thriving commercial corridors of EaDo, and the massive tenant bases of the University of Houston and the Port of Houston.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Number of bedrooms
1
Number of bathrooms
1
Lot size (acres)
0.11
Year built
1946

Utilities

Heating
Window Unit
Cooling
Window Units

Taxes

Tax Annual Amount (2023)
$8,545

Public schools

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Sourced from: Houston Association of Realtors MLS®#: 24125422 Last checked:

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