5114 Grantwood Street, Houston, TX 77004 (MLS # 20859953)

Price $825,000
Status Active
Beds 1
Baths 5 Baths
Home size 3,353 sqft
Lot Size n/a
Days on Market 1
This currently operated STR is a golden income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with high income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 10% and with this large lot there is additional potential to build more rental units! The location can't be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
Property Type(s): Single Family
Last Updated 1/10/2025 Tract Vogel 10 Acs
Year Built 1950 Community 4
County Harris

SCHOOLS

School District 27 - Houston
Elementary School LOCKHART ELEMENTARY SCHOOL
Jr. High School CULLEN MIDDLE SCHOOL (HOUSTON)
High School YATES HIGH SCHOOL

Additional Details

AIR Ceiling Fan(s), Central Air, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Microwave
AREA 4
HEAT Central, Electric, Natural Gas
LOT DESCRIPTION Cul-De-Sac
SEWER Public Sewer
STORIES 1
STYLE Contemporary/Modern
SUBDIVISION Vogel 10 Acs
TAXES 8942
WATER Public

Location

 

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