Located next to a major freeway, this partially renovated 2 bed 2 bath condo boasts a stunning patio view. Perfect for savvy investors, this low maintenance unit in a sought-after building already generates solid income with a reliable tenant in place, offering a 9% CAP-rate. Anticipated 5% annual rent increases and future market value growth promise even higher returns. Lease is Month-to-Month for easy vacating, with the option for a long-term lease. Showings only with a signed agreement in place. Please respect tenant privacy - DO NOT DISTURB. Seller Finance available. Serious inquiries only.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 15-11
- Primary Bedroom Level: Third
Other Rooms
- Total Rooms: 2
- Bedroom: 14-10 x Third
- Bedroom: 14-10 x Third
- PrimaryBedroom: 15-11
- PrimaryBedroom Level: Third
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Dryer
- Dishwasher
- ElectricRange
- Disposal
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
- Number of Fireplaces: 1
Land Info
- Lot Size Acres: 7.0348945
- Lot Size Source: Appraiser
- Lot Size Square Feet: 306440
Homeowners Association
- Association: Yes
- Association Fee: 378
- Association Fee Frequency: Monthly
- Association Fee Includes: MaintenanceGrounds, MaintenanceStructure, RecreationFacilities, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 378
- Association Name: 378
- Pets Allowed: PetRestrictions
School Information
- Elementary School: PINEY POINT ELEMENTARY SCHOOL
- Elementary School District: 27 - Houston
- High School: WISDOM HIGH SCHOOL
- High School District: 27 - Houston
- Middle School: REVERE MIDDLE SCHOOL
- Middle or Junior School District: 27 - Houston
Amenities and Community Features
- CommunityPool
- Community Features: CommunityPool
Other Property Info
- Annual Tax Amount: 2457
- Source Listing Status: Active
- County: Harris
- Directions: TX95/I69 South Exit Bellair Blvd/Hillcroft. U-Turn Right on Bellerive.
- Tax Year: 2024
- Ownership: Full Ownership
- Source Property Type: Residential
- Area: 21
- Property Subtype: condo
- MLS Area Minor: Sharpstown Area
- Source Neighborhood: Bellerive Condo
- Parcel Number: 115-242-003-0008
- Postal City: Houston
- Postal Code Plus 4: 3045
- Subdivision: Bellerive Condo
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1094
- Year Built: 1982
- Building Area Total: 1094
- Construction Materials: Brick
- Foundation Details: PillarPostPier
- Levels: One
- Living Area Source: Appraiser
- Property Age: 43
- Levels or Stories: 1
- Building Total Stories: 2
- Year Built Source: PublicRecords
- Architectural Style: Traditional
Utilities
- Sewer: PublicSewer
- Water Source: Public
