5001 Pease Street
Houston, TX 77023
- 3 beds
- 2 baths
- 3,514 sqft
- 5,000 sqft lot
- $156 per sqft
- 1925 build
- – on site
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Wonderfully maintained Four unit Income producing East End Revitalized property. Completely updated in 2016 and generated $51,000 a year in 2023. Unit A was recently rented now for $1550 a month increasing your returns. This is a property allowing you to purchase and instantly generate income on day one. The building in the front has a 3/2 unit (rent $1450 in 2023, just increased to $1550) on the first floor and a 2/2 ($1200 a month in 2023) unit upstairs. The back building has 2, 1/1 units ($800 a month for each one) with covered parking in the front of the building. The property is tenant occupied and will not be available to see until an executed contract is in place. The updates on the property include electrical, plumbing, HVAC, paint, cabinets, flooring, appliances, doors and trim. The roof has been recently updated. The 2/1, and the 2, 1/1 are month to month giving the buyer some flexibility if they need to move into the property.
Listing courtesy of HAR / Compass RE Texas, LLC - Memorial
Last checked:
Checking…
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Last updated Nov 22, 2024
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MLS# 10034844 —
The Building
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Year Built:1925
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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
Interior
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Countertops:granite
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Floors:Tile
Financial & Terms
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Price SqFt List:$156.52
Location
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Directions:From Downtown take I-45 south and exit Cullen Blvd and take a left at the light. Take a right at Leeland St. which turns into Telephone Rd. Make a left on Pease and it is the property on the left after Gustav St.
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Latitude:29.733018
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Longitude:-95.326719
The Property
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Parcel Number:137-813-001-0001
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Section Number:1
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Property Type:Multi-Family
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Property Subtype:Fourplex
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Lot Description:Corner
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Lot Size:5,000 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:110.00
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Total SqFt:3,514 Sqft
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SqFt Source:Appraisal District
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Area:4
Listing Agent
- Contact info:
- Agent phone:
- (832) 714-0008
- Office phone:
- (832) 899-4788
Taxes
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Tax Year:2023
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Tax Rate:$2.35
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Tax Amount:$9,641
Beds
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Total Bedrooms:3
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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Coop Sale:1
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Buyer Rep:No
Heating & Cooling
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Heat System:Central Electric, Central Gas
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Cool System:Central Electric
Utilities
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Utilities:Electric, Gas, Water
Appliances
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Range:1
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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:CAGE ELEMENTARY SCHOOL
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Middle School:NAVARRO MIDDLE SCHOOL (HOUSTON)
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High School:AUSTIN HIGH SCHOOL (HOUSTON)
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School District:27 - Houston
The Community
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Subdivision:Eastlawn Vista
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Active Community 55:No
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Restrictions:None
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Extra Units
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Total Units:4
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Unit Count:3
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.