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Key Details
Sold Price $556,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $173
Subdivision Roman Forest 01
MLS Listing ID 44489114
Sold Date 08/08/24
Style Fourplex
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1980
Annual Tax Amount $14,133
Tax Year 2023
Property Sub-Type Quadruplex
Property Description
This fourplex is a prime investment opportunity, currently fully leased. It underwent an extensive remodel in 2022, which included updates to the sewer, plumbing, and electrical panels. Enhancements were made for added convenience and luxury, such as installing laundry rooms in each unit, soft-closing kitchen cabinets, and granite countertops. The property also saw improvements in energy efficiency with added insulation in the exterior walls and attic. Exterior upgrades include a newly added parking lot, while the interior boasts completely renovated bathrooms featuring new tile, vanities, toilets, tubs, and fixtures. Additionally, all doors and rear windows were replaced, and two units received brand-new air conditioning systems, with the remaining two systems, only a few years old, being serviced. The property offers additional land, presenting the potential for expansion by adding more units, which could significantly increase revenue.
Location
State TX
County Montgomery
Area Porter/New Caney East
Interior
Interior Features Granite Counters, Window Treatments, Ceiling Fan(s), Programmable Thermostat
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Utilities Available Cable Available, Electricity Available, Water Available
Roof Type Composition
Building
Lot Description Cleared, Subdivision
Story 1
Entry Level One
Architectural Style Fourplex
Level or Stories One
New Construction No
Schools
Elementary Schools Dogwood Elementary School (New Caney)
Middle Schools Keefer Crossing Middle School
High Schools New Caney High School
School District 39 - New Caney
Others
Tax ID 8397-01-60800
Security Features Fire Alarm
Acceptable Financing Cash
Listing Terms Cash
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Michael Guerrero
Designated Broker | License ID: 554483
Designated Broker License ID: 554483