Houston, TX 77004 5114 Grantwood Street

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Presented By: The Advisory Real Estate + Development;
  • MLS# 70573407
  • 02/28/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 3
  • Baths • 2
  • SQFT • 3,353

Home Details

Wonderful income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with so much income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 9.5% and with this large lot there is additional opportunity to build more rental units! The location can’t be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
Presented By: The Advisory Real Estate + Development;

Interior Features for 5114 Grantwood Street

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths2.00

Other Interior Features

Compactor0
CountertopsQuartz
Microwave1
Unit Count4
Sq Ft Total3353
Sq Ft SourceAppraisal District
Cool SystemCentral Electric, Window Units
Dishwasher1
Disposal1
FloorsTile, Vinyl Plank
Range1
Refrigerator1
Unit FeaturesFireplace, Furnished, Window Coverings

General for 5114 Grantwood Street

Census Tract3129.01
CityHouston
CountyHarris
DOM114
DirectionsFrom Downtown: Take 59S to 288S - Exit Southmore - turn L. Take a L on Grantwood (just before Scott). 2nd from last home on L (street dead ends).
DisclosuresSellers Disclosure
Elementary SchoolLOCKHART ELEMENTARY SCHOOL
EnergyCeiling Fans, Digital Program Thermostat
Fee Other
Finance AvailableCash Sale, Conventional, FHA, Investor, Owner Financing, VA
Full Baths2
Geo Market AreaUniversity Area
HeatingCentral Electric, Central Gas, Window Unit
High SchoolYATES HIGH SCHOOL
List TypeExclusive Right to Sell/Lease
Maintenance Fee Y/N
Middle SchoolCULLEN MIDDLE SCHOOL (HOUSTON)
Misc FeaturesFire/Smoke Alarm, Private Entry, Washer/Dryer Connections
New Construction0
Property TypeMulti-Family
RestrictionsDeed Restrictions
RoofComposition
School District27 - Houston
StatusActive
Stories1
Sub TypeMultiple Detached Dwellings
SubdivisionVogel 10 Acs
Tax Rate2.1298
Tax Year2023
Unit Total4
Year Built1950
Yearly Taxes8942

Exterior for 5114 Grantwood Street

Lot DescriptionCul-De-Sac
Lot Size9240
Lot Size SourceAppraisal District

Additional Details

Price History

Schools

Elementary School Lockhart Elementary School
Middle School Cullen Middle School (Houston)
High School Yates High School

Worth Clark

Price $825,000
MLS#70573407
List Date 02/28/2024
Property Type Multi-Family
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