2506 Wheeler Street
Houston, TX 77004
- 2 beds
- 2 baths
- 4,166 sqft
- 6,825 sqft lot
- $133 per sqft
- 1940 build
- – on site
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Rarely-Available Multiunit Property with Airbnb Potential! Situated in a highly desirable area only moments from three major universities and Texas Medical Center, this 5-unit income- producing property offers a unique opportunity for seasoned investors and savvy homebuyers. Consisting of two buildings and plenty of gated paved parking, the multiunit property conveniently includes one fully renovated unit, as well as four other spacious residences. Each unit includes a cozy living area, at least one full bathroom, ample natural light, sizeable bedroom(s), and openly flowing traditional layouts. Keeping in trend with modern needs, the residences are also Airbnb-friendly with financials available upon request. Bursting with possibilities, this property may afford a multitude of exit strategies, for either monthly cashflow or capital gains. Seize the moment to own a profitable addition to your healthy investment portfolio. Call to schedule your private and exclusive tour!
Listing courtesy of HAR / The Good Label Real Estate
Last checked:
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Last updated Nov 4, 2024
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MLS# 92144406 —
The Building
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Year Built:1940
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Year Built Source:Appraisal District
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New Construction:No
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Roof:Composition
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Stories:2
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Siding:Brick, Other, Unknown
Interior
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Floors:Vinyl, Wood
Financial & Terms
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Finance Available:Cash Sale, Conventional, FHA, Investor, VA
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Price SqFt List:$133.22
Location
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Directions:Follow signs for Pierce St, turn left onto Pierce St, turn right onto Emancipation Ave, turn left onto Wheeler Ave.
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Latitude:29.725980
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Longitude:-95.369919
The Property
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Parcel Number:061-152-000-0025
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Section Number:n/a
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Property Type:Multi-Family
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Property Subtype:5 Plus
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Lot Description:Other
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Lot Size:6,825 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:81.32
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Total SqFt:4,166 Sqft
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SqFt Source:Seller
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Description:Split Level
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Miscellaneous Features:Private Entry, Walk to Transportation, Washer/Dryer Connections
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Area:4
Listing Agent
- Contact info:
- Agent phone:
- (832) 466-3025
- Office phone:
- (832) 770-7939
Taxes
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Tax Year:2022
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Tax Rate:$2.32
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Tax Amount:$9,731
Beds
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Total Bedrooms:2
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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Status:Sold
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Disclosures:Sellers Disclosure
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Buyer Rep:No
Heating & Cooling
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Heat System:Central Electric, Central Gas, Other Heating, Window Unit
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Cool System:Central Electric, Central Gas, Window Units
Utilities
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Utilities:Cable, Gas, Water
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Energy:Ceiling Fans, Digital Program Thermostat, High-Efficiency HVAC
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Meters:Separate and Master Meters
Appliances
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Microwave:Yes
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Refrigerator:1
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Dishwasher:Yes
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Disposal:Yes
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Compactor:No
Schools
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Elementary:LOCKHART ELEMENTARY SCHOOL
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Middle School:CULLEN MIDDLE SCHOOL (HOUSTON)
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High School:YATES HIGH SCHOOL
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School District:27 - Houston
The Community
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Subdivision:Washington Terrace
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Subdivision Lake Access:No
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Active Community 55:No
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Restrictions:Deed Restrictions, None
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Parking
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Parking Description:Driveway Gate, Paved Area
Extra Units
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Total Units:5
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Unit Count:5
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Unit Features:Fenced Area, Handicap Access, Hardwood Floors
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).