Houston, TX 77004 5215 Palmer Street
$715,000
25 more
Presented By: Real Properties;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 7
Baths • 5
SQFT • 3,286
Home Details
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.
Presented By: Real Properties;
Interior Features for 5215 Palmer Street
Bedrooms
Total Bedrooms7
Bathrooms
Total Baths5.00
Other Interior Features
Microwave1
Unit Count2
Sq Ft Total3286
Sq Ft SourceSeller
Cool SystemCentral Electric
Dishwasher1
Disposal1
FloorsLaminate, Tile
Range1
Refrigerator1
Unit FeaturesFurnished
General for 5215 Palmer Street
Census Tract3130
CityHouston
CountyHarris
DOM227
Directions288 North. Exit Southmore Blvd. and make a Right onto Southmore Blvd. Make a Right onto Palmer St.
DisclosuresSellers Disclosure
Elementary SchoolLOCKHART ELEMENTARY SCHOOL
Fee Other
Finance AvailableCash Sale, Conventional, FHA, VA
Full Baths5
Geo Market AreaRiverside
HeatingCentral Gas
High SchoolYATES HIGH SCHOOL
List TypeExclusive Right to Sell/Lease
Maintenance Fee Y/N
Middle SchoolCULLEN MIDDLE SCHOOL (HOUSTON)
Misc FeaturesFire/Smoke Alarm, Subdivision Lot, Washer/Dryer Connections
New Construction0
Property TypeMulti-Family
RestrictionsDeed Restrictions
RoofComposition
School District27 - Houston
StatusActive
Stories2
Sub TypeTriplex
SubdivisionRiverside Ext
Tax Rate2.1298
Tax Year2023
Unit Total3
UtilitiesElectric, Gas, Water
Year Built1935
Yearly Taxes8914
Exterior for 5215 Palmer Street
Lot DescriptionCleared
Lot Size5250
Lot Size SourceAppraisal District
SidingBrick, Wood
Additional Details
Price History
Schools
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School
