Off Market
Off Market

5215 Palmer Street

Houston, TX 77004
3286 sqft | 7 beds | 5 baths | 0.12 acres | #17868122
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Property Details
      • SubdivisionL R Jenkins Add
      • School DistrictCommerce ISD
      • Property Sub-typeResidential
      • Elementary SchoolCommerce
      • Middle SchoolCommerce
      • High SchoolCommerce
      • Acres0.201
      • Cost59900
      • Square Feet1428
      • Built In1968
      • Bedrooms3
      • Bathrooms2

Location

Elva YanezReal Estate Group

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