Houston, TX 77033 5122 Clover Street

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  • MLS# 49580925
  • 10/31/2024
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  • Beds • 2
  • Baths • 1
  • SQFT • 5,549

Home Details

Here’s your chance to own a 7-unit apartment complex in a thriving, up-and-coming area in the heart of Houston, Texas! Located just minutes from the Medical Center and Downtown Houston, this property offers both convenience and high demand. Six out of the seven units are currently occupied on 1-year leases, ensuring immediate rental income. This property sits on a spacious 12,600 SQFT lot with new developments right next door and behind, this property holds significant potential for appreciation. Each unit features a 2-bedroom, 1-bath configuration, and all units were updated with new mini-split HVAC systems in July 2023. The complex is also fully equipped with seven individual electrical and gas meters for streamlined management. Don’t miss out on this fantastic investment opportunity in Houston’s growing market!
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Interior Features for 5122 Clover Street

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths1.00

Other Interior Features

Compactor0
CountertopsGranite
Microwave0
Unit Count0
Sq Ft Total5549
Sq Ft SourceSeller
Cool SystemCentral Electric
Dishwasher
Disposal
FloorsLaminate
Range1
Refrigerator

General for 5122 Clover Street

Census Tract3319
CityHouston
CountyHarris
DOM67
DescriptionSplit Level
DirectionsHead east on Reed Rd toward Jutland Rd., Turn left at the 1st cross street onto Jutland Rd., Turn right onto Clover St., Destination will be on the right
DisclosuresTenant Occupied
Elementary SchoolWOODSON ELEMENTARY SCHOOL
Fee Other
Fee Other Amount50
Full Baths1
Geo Market AreaMedical Center South
HeatingCentral Electric
High SchoolWORTHING HIGH SCHOOL
Income Gross5535
List TypeExclusive Agency to Sell/Lease
Maintenance Fee IncludesWater and Sewer
Maintenance Fee Y/N
Management CompanyRoyal Oak Management
Middle SchoolTHOMAS MIDDLE SCHOOL
New Construction0
Occupancy10% to 20% Vacancy
Property TypeMulti-Family
RestrictionsUnknown
RoofWood Shingle
School District27 - Houston
StatusActive
Stories1
Sub Type5 Plus
SubdivisionSUNNYSIDE GARDENS
Tax Rate2.0148
Tax Year2023
Unit Total7
UtilitiesElectric
Year Built1956
Yearly Taxes4230

Exterior for 5122 Clover Street

Front Door FacesNorth
Lot DescriptionOther
Lot Size5238
Lot Size SourceAppraisal District
MetersSeparate and Master Meters
Parking DescriptionDriveway Gate
Parking UnitTwo
SidingBrick

Additional Details

Price History

Schools

Middle School Thomas Middle School
High School Worthing High School
Elementary School Woodson Elementary School

Jeffrey Whitespeare

Founder/Owner
Price $715,000
MLS#49580925
List Date 10/31/2024
Property Type Multi-Family
Phone 713.858.7686
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