116 Frawley Street
$399,000
2
1
2,643
2,643
$151
Description
Excellent investment opportunity, combining both a single-family home and three separate rental units. Main Home: 2 beds / 1 bath, currently rents for $1,250/month. Apartments: Three 1 bed / 1 bath units, each rented separately. Total Rental Income is $3,950/month (main home & all three units combined). Electric: Separate meters for the main house and garage apartments. Tenants of the main home pay for their own electricity, while the owner covers utilities for the garage apartments. The area is...Excellent investment opportunity, combining both a single-family home and three separate rental units. Main Home: 2 beds / 1 bath, currently rents for $1,250/month. Apartments: Three 1 bed / 1 bath units, each rented separately. Total Rental Income is $3,950/month (main home & all three units combined). Electric: Separate meters for the main house and garage apartments. Tenants of the main home pay for their own electricity, while the owner covers utilities for the garage apartments. The area is currently undergoing gentrification, with increasing property values, new construction, and charming homes being built in every direction. This property is close to major highways (I-45, 610, I-10, Hardy Tollway) and within walking distance of White Oak Music Hall, providing convenient access to entertainment. This property could be a solid long-term investment with existing cash flow & potential upside in utility bill backs, plus the added benefit of being in an appreciating neighborhood.
- Listed by Sheryl Davis • TREC #0688252 • Brombacher & Co.
Property Details for 116 Frawley Street
Area
9
Geo Market AreaNorthside
Legal SubdivisionBRADLEY WHITE OAK
SubdivisionBradley White Oak Blk 1 2
School District27 - Houston
Cool SystemCentral Electric
LISTING UPDATED: 10/13/2024 11:55 AM
Property Details for 116 Frawley Street
Status | Active |
---|---|
MLS # | 33059177 |
Days on Market | 48 |
Taxes | $7,242 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Triplex |
Year Built | 1935 |
Lot Size | 0.12 AC / 5,250 SF |
County | Harris County |
Building Information for 116 Frawley Street
Stories2Residences4Year Built1935Building Size-Lot Size0.12 AC / 5,250 SF
Property Information for 116 Frawley Street
Property History for 116 Frawley Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Frawley Street
Taxable ValueLand$130,688Additions$216,589Total$347,277
Tax Record2023$7,242 ($604 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,283 SqFtAbove Grade Finished SqFt1,283 SqFtStories1Lot Size5,249 SqFtStyleSingle Family ResidenceYear Built1935CountyHARRISAPN0571420000008Fireplace TypeHas Fireplace
Schools near 116 Frawley Street
This home is within Houston Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Jefferson Elementary School PublicPK to 5 | ||
Marshall Middle School Public6 to 8 | ||
Northside High School Public9 to 12 | ||
Victory Preparatory K-8 Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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