5215 Palmer Street
Houston, TX 77004
3286 sqft | 7 beds | 5 baths | 0.12 acres | #17868122
Description
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.
Interior Details
- Bedrooms7
- Bathrooms5
- Full Baths5
Property Details
- Lot DescriptionSubdivision Lot, Cleared
Measurements
- Acres0.1205
- Square Feet3286
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1935
Utilities / Energy Details
- Utility FeaturesElectric, Natural Gas Connected, Water Connected
Community and Neighborhood Details
- SubdivisionRiverside Ext
Location
- Middle SchoolCullen Middle School (Houston)
- Elementary SchoolLOCKHART ELEMENTARY SCHOOL
- High SchoolYATES HIGH SCHOOL
- School District27 - Houston
- CountyHarris
Financial Details
- Taxes Annual$8,914
Other
- MLS #17868122
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Marco Mendoza (#math)
Listing Office: Real Properties (#RPTI01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.