$450,000
For Sale

1310 Lorraine Street

Houston, TX 77009
4066 sqft | 5 beds | 1 bath | 0.11 acres | #45368605
Browse 13 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.

  • Property Details
      • Utility FeaturesElectric, Natural Gas Connected, Water Connected
      • Middle SchoolMarshall Middle School (Houston)
      • Elementary SchoolSHERMAN ELEMENTARY SCHOOL
      • High SchoolNORTHSIDE HIGH SCHOOL
      • Property SubtypeMulti Family, 5 Plus
      • Property TypeMulti-Family
      • School District27 - Houston
      • Lot DescriptionCorner Lot
      • MLS #45368605
      • MLS #45368605
      • Exterior MaterialsBalcony
      • SubdivisionCascara
      • Acres0.1067
      • CountyHarris
      • Taxes Annual$8,828
      • Cost450000
      • Square Feet4066
      • Year Built1945
      • Bedrooms5
      • Bathrooms1
      • Full Baths1

Location

Kerry L. BlandReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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