Houston 1-story, 3-bed 5114 Grantwood Street-idx
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5114 Grantwood StreetHouston, 77004

$825,000
Listed 292 days

Home Summary

Completely renovated 3BR/2BTH home with 3 garage apartments, high income potential, and additional rental unit potential. Close to universities, medical center, and downtown.

3,353 sqft
3 beds
1-story
9,240 sqft lot
built in 1950

Property Type: Residential, Detached

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!

MLS #293686943The Advisory Real Estate + Development