Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside. Consistently occupied with short-term tenants at a 7.9% cap rate. This completely renovated, fully furnished home features 10 bedrooms, 7 bathrooms, three living rooms, private office, lounge area, washer/dryer, and sleeps up to 20 guests. Conveniently located near local restaurants and less than 15 minutes from Texas Medical Center, downtown, midtown, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.
5,062 Sq Ft
7,562.016 Sq Ft Lot Size
single family home
$513 Monthly Tax
Built in 1948
MLS/Listing ID 36425458
2 Stories
HVAC
Thermostat
Attic Vents
Electric Oven
Washer Included
Refrigerator Included
Dryer Included
Disposal
Slab
Vinyl
Laminate
Backyard
Insulated Doors
Cooling - Electric
Cooling - Ceiling Fans
Construction - Cement Siding
Construction - Brick
Construction - Batts Insulation
Style - Traditional
Dishwasher
Electric Range
Microwave
Public Water
Public Sewer
Window Coverings
Insulated Windows
Composition
Parking - Attached Carport
Parking - Driveway
Parking - No Garage
Lot - Subdivided
Washer Hookup
Electric Dryer Hookup
Walk-in Closets
Primary Bedroom - 1st Floor
En-Suite Bath
Heating - Electric
TOTAL MONTHLY COST
$0
$0
$0