Active
7930 Ritz Street # 16
Houston TX, 77028
$999,999
$224.87 per sqft
Active
4,447 sqft
Multi-family
Built in 1975
"Investor Special" 16 Units Multifamily/Motel Gem! With the option to convert the community laundry facility and office into additional units, totaling 18 units, forcing appreciation. Situated in close proximity to Downtown Houston, the location offers convenient and easy access to all the vibrant attractions the city has to offer. One of the highlights of our property is the spacious lot, providing ample parking space right on-site. When it comes to getting around the city, this property has easy access to major freeways such as 610 and 59 Highways. With new developments happening nearby, our motel is situated in an area that is on the rise. Early adaptors can seize the opportunity to be part of the growth and add value to their investment.
Update to recent price change:
- property has been cleared/vacated of all squatters
- property is now boarded up & secured
- property exterior has been cleaned of all trash & debris
- plumbing issues have been addressed at the property.
42809269
MLSⓇ ID
January 8, 2024
Listed
November 21, 2024
Updated
Map
7930 Ritz Street # 16
Houston TX, 77028
Interior Features
Total Stories
1
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.34 Acres
Lot Features
Other
Roof
Composition
School Information
School District
27 - Houston
High School
Kashmere High School
Elementary School
Elmore Elementary School
Other Property Details
Area Name
2
Taxes
$5,857
Tax Frequency
Annually
Days on Market
98
Garage
No
View
No
County
Harris
Pool
No
Courtesy of HOUSTON HOUSE OF REALTY, LLC, Michael Holmes
Based on information from the Houston Association of REALTORS as of 11/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 10:52 PM UTC, 11/21/2024
