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    2907 Barbee

    Houston, TX 77004
    • $699,999
    • STATUS: Active
    • MLS #: 95523624
    UPDATED: 30 min ago
    $699,999
    • 3
      BEDS
    • 0.24
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 5,182
      SQFT
    • $135
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:
    4

    School Information

    Elementary School:
    High School:
    School District:

    Description

    (5) Five units in the heart of Historic 3rd Ward and near Downtown Houston, Medical Center, and EaDo on a 10,500 sq ft lot with below market rents at a 5.98% cap rate on actual income. The Residences at Barbee Street are well-located close to major thoroughfares I-45 and Highway 288. The property is walking distance to Texas Southern University and nearby Emancipation Park and minutes from University of Houston. Each unit has it's own washer and dryer inside of the unit and a ratio utility billing system (RUBS) for divvying up the water expenses. This is a perfect opportunity to acquire apartments in an area experiencing a massive uptick in appreciation. Perfect for the micro or first time investor wanting to get into multi family investing in an appreciating market. See attachments for survey and flier. 2907 & 2909 Barbee St.

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    © 2020 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-07-04T07:13:06.423.
    www.greenresidentialgroup.com/homes/98123277
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    2907 Barbee Houston, TX 77004

    • Price: $699,999
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 95523624
    3
    Beds
    1
    Baths
    0
    ½ Baths
    0.24
    Acres
    5,182
    SQFT
    $135
    $/SQFT
    1930
    Built
    Neighborhood:
    Washington Terrace
    County:
    Harris
    Area:
    4
    Elementary School:
    Lockhart Elementary School
    Middle School:
    Cullen Middle School (Houston)
    High School:
    Yates High School
    School District:
    Houston
    Property Description
    (5) Five units in the heart of Historic 3rd Ward and near Downtown Houston, Medical Center, and EaDo on a 10,500 sq ft lot with below market rents at a 5.98% cap rate on actual income. The Residences at Barbee Street are well-located close to major thoroughfares I-45 and Highway 288. The property is walking distance to Texas Southern University and nearby Emancipation Park and minutes from University of Houston. Each unit has it's own washer and dryer inside of the unit and a ratio utility billing system (RUBS) for divvying up the water expenses. This is a perfect opportunity to acquire apartments in an area experiencing a massive uptick in appreciation. Perfect for the micro or first time investor wanting to get into multi family investing in an appreciating market. See attachments for survey and flier. 2907 & 2909 Barbee St.
    Exterior Features

    Roof Composition

    Interior Features

    Cool System Central ElectricWindow Units Floors Wood Heat System Central Electric Refrigerator Yes

    Property Features

    Contract Type Commercial Country United States Disclosures No Disclosures Expense Owner Operating InsuranceMaintenance/RepairManagementTaxes Fee Other No Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No Misc Features Subdivision LotWasher/Dryer Connections New Construction No Property Sub Type 5 Plus Restrictions Deed Restrictions Sq Ft Source Seller Tax Amount 10384 Tax Year 2018 Utilities CableElectricWater Year Built Src Appraisal District

    Listing information © 2020 Houston Association of REALTORS® MLS.
    Listing courtesy of Century 21 Top Realty.



    © 2020 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-07-04T07:13:06.423.
     
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    Green Residential
    2500 Tanglewilde St, Suite 306
    Houston TX, 77063