EaDo Multiple Exit Strategy Opportunity! Available

  • $258,000
  • 3 beds
  • 2 baths
  • 1,460 sqft

DESCRIPTION:

Don’t miss your chance at this 1950 build in Mason Park Terrace subdivision. This house has 3 bedrooms and 2 bathrooms with 1,460 sqft of living space and a detached garage that has been converted into a game room/media room with about 800 sqft. Situated on a 6,466 sqft lot.

This property is currently leased for $1,800/month to month. Tenant pays all utilities including lawn care. Ability to convert garage into an ADU for additional monthly income.

REHAB:

Updates done already include:

New drainage system

HVAC system in good condition

Laminate flooring

Granite counter tops

Paint

Garage is in good condition ready for permitted ADU conversion

Roof replacement recommended

some interior upgrades

MISCELLANEOUS:

Do not disturb! View by appointment!

Multiple exit strategies!

Flip with interior updates and roof repair.

ARV: $340,000

Buy and Hold Rental:

Renovated ADU for additional rental income

Current rent: $1,800/month

Potential rent with ADU: $2,800-$3,100/month

Flood zone code X500- never flooded per seller

Price:
$258,000
Address:
Coral St
Houston, Texas 77023
Square Feet:
1,460
Lot Size:
6,466
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1950

Call 281-624-5670 for more details

Property Location