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801-803 N 66th St, Houston, TX, 77011

1beds
1baths
--sqft
$750,000
--price/sqft
$5,679/moest. monthly cost
$227,160/yrincome needed

About This Home

Welcome to 801-803 66th St, a highly efficient, fully occupied 8-plex sitting directly in the path of progress in Houston's booming Greater East End footprint. Boasting an actual NOI of $57,741, this asset offers a low-risk position inside the Loop. The property features high-ticket capital expenditures already handled by the seller, including a recent roof, replaced water main lines, updated attic insulation. Operationally, the property is a dream value-add canvas. With room for cosmetic updates to increase equity and the building's overall net operating yield. Situated in the transitioning urban infill pocket of Magnolia Park, residents enjoy effortless access to the transit arteries of Downtown Houston, the thriving commercial corridors of EaDo, and the massive tenant bases of the University of Houston and the Port of Houston.

Getting Around

74
WalkingVery Walkable
56
TransitGood Transit
59
BikeBikeable

Schools

6/10
7/10
Edison Middle SchoolGrades 6-80.5 mi
3/10
Austin High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1946

Materials

  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: 0512720000001

Features

  • Stories: 2

Lot

  • Lot size: 5,000 sqft

Parking

  • Parking features: Carport
  • Carport: Yes