$450,000

1310 Lorraine Street, Houston, TX 77009

  • 5 beds |
  • 1 bath |
  • 4,066 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon4,648sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $111/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.

Listing Status:
Active
Date Added:
January 8, 2025 at 06:00AM
Listing Office:
RE/MAX Signature : 713-900-5003
Listing Agent:
Gregg Engle : 1+281-650-1153
MLS ID:
45368605
  • Flooring: LaminateTile
  • A/C: ElectricWindow Unit(s)
  • Heating: ElectricNatural GasWindow Unit

This listing courtesy of Gregg Engle, RE/MAX Signature

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sherman Elementary School

1909 McKee St, Houston, TX, 77009

Grades EE-5

0.12 miles away

M

Marshall Middle School

1115 Noble St, Houston, TX, 77009

Grades 6-8

0.33 miles away

D

Davis High School

1101 Quitman St, Houston, TX, 77009

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.