5215 Palmer Street

Houston, TX 77004

About this property

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.

About this property

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.

Features and Additional Information

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$715,000 Active
3,286 SQFT

Presented By Harper Property Management

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Area Information

4 | Harris County | Riverside Ext

$ 715,000
This listing is play_arrow 58.9% higher than the average in the area
$ 449,990 in the area
3,286 SqFt
This listing is play_arrow 58.6% larger than the average in the area
2,072 SqFt in the area
$ 218 $/SqFt
This listing is play_arrow 0.2% more than the average in the area
$ 217 $/SqFt in the area
232 days on site
This listing is play_arrow 23100.0% above the average in the area
1 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Marco Mendoza
Brokerage: Real Properties

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