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5215 Palmer Street
Houston TX 77004 US

$715,000

Pending Listing ID 17868122
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7 bed
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5.00 Bath (5 Full)
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Triplex

$715,000

Pending Listing ID 17868122
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5215 Palmer Street 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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 5
  • Exterior Finish: Cleared
  • Floor Covering: Laminate, Tile
  • Roof Type: Composition
  • Heating Fuels: Central Furnace

School Information

  • School
  • LOCKHART ELEMENTARY SCHOOL(Elementary)
  • Cullen Middle School (houston)(MiddleSchool)
  • Yates High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Triplex
  • listprice: 715000
  • unparsedaddress: 5215 Palmer Street
  • postalcity: Houston
  • stateorprovince: TX
  • country: US
  • postalcode: 77004
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3286
  • livingareaunits: Square Feet
  • latitude: 29.716831
  • longitude: -95.369235
  • listagentfullname: Marco Mendoza
  • listagentemail: marco@mamohousebuyers.com
  • listagentkey: 3yd-HARMLSTX-math
  • listagentmlsid: math
  • listagentpreferredphone: 2815159709
  • listagentofficephone: 7138322550
  • listofficekey: 3yd-HARMLSTX-RPTI01
  • listagentstatelicense: 0677246
  • listofficemlsid: RPTI01
  • disclaimer: Copyright © 2024 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HARMLSTX
  • yearbuilt: 1935
  • listingcontractdate: 2024-02-15
  • countyorparish: Harris
  • parcelnumber: 061-084-009-0004
  • elementaryschool: LOCKHART ELEMENTARY SCHOOL
  • highschool: YATES HIGH SCHOOL
  • elementaryschooldistrict: 27 - Houston
  • middleorjuniorschooldistrict: 27 - Houston
  • highschooldistrict: 27 - Houston
  • appliances: Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer
  • constructionmaterials: Brick, Wood Siding
  • flooring: Laminate, Tile
  • heating: Central Furnace
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Furnished
  • exteriorfeatures: Cleared
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Cleared
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -95.36923, 29.716831
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marco@mamohousebuyers.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@realproperties.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Properties", "ListBrokeragePhone":"713-832-2550", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2950 North Loop West Suite 500", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2950 North Loop West Suite 500", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Houston", "ListOfficeCountry":"US", "ListOfficeEmail":"info@realproperties.com", "ListOfficePostalCode":"77092", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Houston, TX", "ListingURL":"https://listings.listhub.net/pages/HARMLSTX/17868122/?channel=rexren", "MLSModificationTimestamp":"2024-11-02T08:44:04Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8914, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/19/2024 10:22:44 PM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Marco Mendoza, Real Properties, marco@mamohousebuyers.com

Copyright © 2024 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.