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3224 McGowen St

6 Unit Apartment Building $749,900 ($124,983/Unit) Houston, TX 77004

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Investment Highlights

Close Proximity to UofH, TSU, Downtown, & TMC
recent renovations

space for additional development

Executive Summary

Drive by Only. Three Well-Preserved Duplexes in the Heart of the Revitalization in Greater Third Ward. All Six Income Producing One Bedroom, One Bathroom Building has been Updated with New Pex & PVC Plumbing, Exterior Paint & Electrical Work. Interior Cosmetic Updates Include Vanities, Laminate Flooring, Ceiling Fans, and Kitchen Cabinets. 10,000 S.F. Lot Perfectly Located within Close Proximity to UofH, TSU, Downtown, & TMC. Half of the Lot is Ready to be Developed! Great Addition to your Portfolio Whether You Continue Leasing or Join the Revitalization Process. All Units Occupied so Please Drive-By Only.

Property Facts

Price	$749,900	Building Class	C
Price Per Unit	$124,983	Lot Size	0.23 AC
Sale Type	Investment	Building Size	3,080 SF
No. Units	6	Average Occupancy	100%
Property Type	Multifamily	No. Stories	1
Property Subtype	Apartment Multifamily Dormitory	Year Built	1938
Apartment Style	Single Family Home	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$749,900
Price Per Unit	$124,983
Sale Type	Investment
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Single Family Home
Building Class	C
Lot Size	0.23 AC
Building Size	3,080 SF
Average Occupancy	100%
No. Stories	1
Year Built	1938
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.