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$539,888

1308 Hughes Street # 6, Houston, TX 77023

2 Beds
2 Baths
6,592 Sq.Ft.
Est. payment from /mo Get Pre-Approved

Property Description

Excellent income-producing opportunity in Houston's revitalized East End! Situated on a 19,313 SF corner lot, this unique 6-unit multifamily property consists of two spacious 3BR/2BA homes with gas fireplaces plus two duplexes offering four 1BR/1BA units. Units feature hardwood or laminate flooring, window A/C, & assigned off-street parking, with additional parking for the larger residences. Gross Scheduled Rent at full occupancy is $72,600 annually/$6,050 monthly. Currently, 2 units are occupied, and 4 are vacant, creating significant lease-up and value-add potential for the next owner. Ideally located with easy access to I-45, I-69/US-59, I-610, I-10 & SH-225. Minutes from Downtown, UH, and the Texas Medical Center, with METRO within walking distance. Excellent opportunity to acquire 6 rental units on a substantial corner lot in an established East End neighborhood with continued growth and redevelopment. Strong rental demand & excellent long-term investment & appreciation potential.
Excellent income-producing opportunity in Houston's revitalized East End! Situated on a 19,313 SF corner lot, this unique 6-unit multifamily property consists of two spacious 3BR/2BA homes with gas fireplaces plus two duplexes offering four 1BR/1BA units. Units feature hardwood or laminate flooring, window A/C, & assigned off-street parking, with additional parking for the larger residences. Gross Scheduled Rent at full occupancy is $72,600 annually/$6,050 monthly. Currently, 2 units are occupied, and 4 are vacant, creating significant lease-up and value-add potential for the next owner. Ideally located with easy access to I-45, I-69/US-59, I-610, I-10 & SH-225. Minutes from Downtown, UH, and the Texas Medical Center, with METRO within walking distance. Excellent opportunity to acquire ...
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Interior

Full Bathrooms
2 Full Baths
Flooring
Laminate, Wood, Hardwood
Fireplace
Fireplace
Appliances
Range, Disposal

Area & Lot

Total Area
6,592 Sq.Ft.
Lot Size
0.44 Acres
MLS® ID
60193211
Type
Multi-Family
Year Built
1920
Elementary School
Carrillo Elementary School (Houston)
Middle School
Navarro Middle School (Houston)
High School
Austin High School (Houston)
School District
27 - Houston

Exterior & Building

Stories
1
Utilities
Separate Meters, Electric, Natural Gas Connected, Water Connected
Roof
Composition
Lot Features
Corner Lot, Cul-De-Sac, 1/4 Up to 1/2 Acre
Parking
Carport, Paved, One
Heat Type
Window Unit
Air Conditioning
Ceiling Fan(s), Window Unit(s)

Finance

Reduced Price
Price Upon Request
Real Estate Taxes
$5,990/yr
1308 Hughes Street # 6

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Let's Work Together

Let Urban Loop Realty's dedicated agents put our decades of Texas real estate experience to work for you. Connect with us today to find your perfect place in this vibrant city. We're excited to start your journey!