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Key Details
Sold Price $655,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $159
Subdivision Meadows On Memorial
MLS Listing ID 48954179
Style Fourplex
Bedrooms 3
Full Baths 2
HOA Fees $467/mo
Year Built 1980
Annual Tax Amount $15,490
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Building 728 4-plex is a solid rental investment property in a prime location in the Energy Corridor zoned to Katy ISD. This 4-plex is adjacent to a 2nd driveway midway down Memorial Mews Street. It has two townhomes in front,-units A & B and two more 3-bedroom-2-Bathroom apartments facing the back of the building. Units A is a 3-bedroom 2 Bathroom. And Unit B is a two bedroom-2 baths. All units are leased at prime rental rates and rising for this area. All units are remodeled with vinyl and tile flooring, ceiling fans, remodeled vanities and stainless steel appliances and full size W/D in each unit. Owner pays HOA fees, water & sewer and electric for only the exterior lights and water heater. The 4-plex is steps away from miles of Terry Hershey Park Hike and Bike trails, lighted and patrolled parks and gazebos. Mandatory HOA. Owners of 3 buildings are retiring.
Location
State TX
County Harris
Community Pool, Tennis Court(S)
Area 23
Interior
Heating Central, Electric
Cooling Central Air, Electric, Attic Fan
Flooring Laminate, Plank, Tile, Vinyl
Laundry Washer Hookup, Dryer Hookup
Exterior
Parking Features Paved
Pool Community
Community Features Pool, Tennis Court(s)
Utilities Available Electricity Available, Water Available
Amenities Available Park, Tennis Court(s), Trail(s), Trash
Roof Type Composition
Building
Lot Description Corner Lot, Near Public Transit
New Construction No
Schools
Elementary Schools Wolfe Elementary School
Middle Schools Memorial Parkway Junior High School
High Schools Taylor High School (Katy)
School District 30 - Katy
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with WAVE Real Estate Services, LLC
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Travis Nichols
Broker Associate | License ID: 506280
Broker Associate License ID: 506280