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1500 Carroll Oliver WAY Houston, TX 77020
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,652 sqft
Price per Sqft $90
Subdivision Parkford Place
MLS Listing ID 22411267
Bedrooms 2
Full Baths 1
Year Built 1960
Annual Tax Amount $7,358
Tax Year 2024
Property Sub-Type Multi Family
Property Description
Prime 10-Unit Complex in revitalizing Greater 5th Ward area.
Located just east of downtown and in the path of revitalization, this 10-unit complex offers a fantastic investment opportunity. With easy access to the I-10 East frwy, tenants enjoy convenient commutes to downtown and beyond.
The 100% occupied property consists of eight 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, 8 of which have been renovated over the years. Upgrades include countertops, updated tile, new toilets, appliances, and paint.
Major updates include replaced water supply lines, exterior siding, and sloped roof completed in 2017. French drains installed in 2022, 8 electrical panels replaced in 2023, and gas water heater replaced in 2024. The exterior has been freshly painted, giving the building a clean, attractive look.
With its prime location not in a flood zone and ongoing area improvements, this turn-key property is ready to deliver value and growth potential. BRING YOUR OFFERS!!!
Location
State TX
County Harris
Area 2
Interior
Heating None
Cooling Window Unit(s)
Flooring Plank, Tile, Vinyl
Exterior
Utilities Available Water Available
Roof Type Composition
Building
Lot Description Corner Lot
New Construction No
Schools
Elementary Schools Atherton Elementary School (Houston)
Middle Schools Mcreynolds Middle School
High Schools Wheatley High School
School District 27 - Houston
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with RE/MAX Fine Properties
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