5215 Palmer Street
Houston, TX 77004
- 7 beds
- 5 baths
- 3,286 sqft
- 5,250 sqft lot
- $191 per sqft
- 1935 build
- 332 days on site
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Great turnkey investment opportunity! Completely remodeled, fully furnished Duplex plus a Casita! Currently being used as an Airbnb and grossed $94k over the past 12 months. The front building features two units, each with 3 bedrooms, 2 full bathrooms, a full kitchen, and living area; the Casita in the back is a studio apartment with a full bathroom. All three units were fully remodeled and updated in 2023. The shared courtyard with string lights is perfect for guests/tenants to enjoy. Just minutes from the Texas Medical Center, Museum District, and Universities. Airbnb bookings in the area continue to increase from a year ago. All appliances included with the sale! Cap rate 8.9% at asking.
Listing courtesy of HAR / Real Properties
Last checked:
Checking…
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Last updated Dec 23, 2024
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MLS# 17868122 —
The Building
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Year Built:1935
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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, Wood
Interior
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Floors:Laminate, Tile
Financial & Terms
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Finance Available:Cash Sale, Conventional, FHA, VA
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Price SqFt List:$217.59
Location
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Directions:288 North. Exit Southmore Blvd. and make a Right onto Southmore Blvd. Make a Right onto Palmer St.
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Latitude:29.716884
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Longitude:-95.369287
The Property
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Parcel Number:061-084-009-0004
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Description:Cleared
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Lot Size:5,250 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:136.19
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Total SqFt:3,286 Sqft
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SqFt Source:Seller
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Miscellaneous Features:Fire/Smoke Alarm, Subdivision Lot, Washer/Dryer Connections
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Area:4
Listing Agent
- Contact info:
- Agent phone:
- (281) 515-9709
- Office phone:
- (713) 832-2550
Taxes
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Tax Year:2023
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Tax Rate:$2.13
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Tax Amount:$8,914
Beds
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Total Bedrooms:7
Baths
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Total Baths:5.00
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Full Baths:5
The Listing
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Status:Sold
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Disclosures:Sellers Disclosure
Heating & Cooling
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Heat System: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
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:Riverside Ext
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Active Community 55:No
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Restrictions:Deed Restrictions
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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:3
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Unit Count:2
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Unit Features:Furnished
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
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).