4601 Canal Street, Houston TX, 77011
(Active)
$408,500
|
1 beds, 1 Full baths, 1,248 sqft
|
MLS# 73940668
Last Updated: 5/9/2024 8:38 AM
Description for
4601 Canal Street
Houston, TX 77011
Perfect investment for the new or seasoned cash flow investor. Property is fully leased, generates $3100+/month gross revenue, & operates trouble free. Property consists of 2 buildings, each with 2 units (4 units total) on an oversized ~ 7700 sq. ft. corner lot. Located on Canal St., a beautiful tree lined street that acts as an important east/west artery through the East End. 2 units include washer / dryer connections. Also includes 4 empty storage units that could be rented for additional monthly revenue. Many options with this property. 1. Operate as-is with stable, steadily increasing cash flow while the property value appreciates. 2. Move in and make this your home, then live expense free with rent from the other units covering your monthly expenses. 3. Upgrade the units to generate significant additional cash flow. Rent roll, survey, and income statement are available on request. No showings without an contract. Please do not disturb the tenants.
Price
$408,500
Navigation
Harris
1
1 Full
1,248 (approx)
73940668
Active
Description
Perfect investment for the new or seasoned cash flow investor. Property is fully leased, generates $3100+/month gross revenue, & operates trouble free. Property consists of 2 buildings, each with 2 units (4 units total) on an oversized ~ 7700 sq. ft. corner lot. Located on Canal St., a beautiful tree lined street that acts as an important east/west artery through the East End. 2 units include washer / dryer connections. Also includes 4 empty storage units that could be rented for additional monthly revenue. Many options with this property. 1. Operate as-is with stable, steadily increasing cash flow while the property value appreciates. 2. Move in and make this your home, then live expense free with rent from the other units covering your monthly expenses. 3. Upgrade the units to generate significant additional cash flow. Rent roll, survey, and income statement are available on request. No showings without an contract. Please do not disturb the tenants.
Listing Information
| Property Type: Multi-Family, 1 Story | ||
| 1 | 1 Full | |
| 1,248 (approx) | 1929 | 1 |
Navigation
Neighborhood
School Information
| District: 27 - Houston | ||
| BURNET ELEMENTARY SCHOOL (HOUSTON) | NAVARRO MIDDLE SCHOOL (HOUSTON) | AUSTIN HIGH SCHOOL (HOUSTON) |
Room Information
| Bathrooms | |||
| 1 | |||
Interior Features
Laminate, Wood
Window Unit(s)
Exterior / Lot Features
Composition
Corner Lot
Driving Directions
Exit Lockwood from I-10 and head south on Lockwood to Canal St.
Head right (west) on Canal towards downtown.
Property is on the north side the street at the Corner of Canal and Hagerman
Financial Considerations
| 054-291-000-0006 |
| $6,601 |
Listing Price History
Houston Real Estate
Houston is located in Texas. Houston, Texas 77011 has a population of 2,384,026.
The median household income in Houston, Texas 77011 is $36,028. The median household income for the surrounding county is $66,395 compared to the national median of $66,222. The median age of people living in Houston 77011 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/24/2024 | Active | $408,500 USD |
|
| 3/1/2024 | Pending | $408,500 USD |
|
| 2/24/2024 | Active | $408,500 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $6,143 USD | 25.11% | $304,900 USD | -8.54% |
| 2021 | $4,910 USD | -2.09% | $333,381 USD | 9.34% |
| 2020 | $5,015 USD | 7.57% | $304,900 USD | 45.89% |
| 2019 | $4,662 USD | -4.05% | $208,997 USD | 15.28% |
| 2018 | $4,859 USD | 19.77% | $181,300 USD | - |