5221 Malmedy Road Houston, TX 77033
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,012 sqft
Price per Sqft $83
Subdivision South Park
MLS Listing ID 37227991
Style Traditional
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1955
Property Sub-Type Detached
Property Description
Property is currently a 2-bedroom, 1-bath. Property is selling at below lot value, which is at $115k. House will need considerable work to flip, but if you want to make this a rental, house was previously rented at $1k per month, with less than $5,000 needed to get ready to re-rent. House has two sections, one section is livable and that is the 2/1 and the other section was used for storage. House is being sold as is condition. Market lot value is $115k currently. There are 3 options for this home. 1) about 40k need to get ready to flip and covert the extra space to either an extra bedroom or garage with storage, 2) about $7,500 to get minimal rent ready to rent at $1200/month, 3) Tear down and rebuild house is below lot value. House is currently boarded to prevent anyone from entry.
Location
State TX
County Harris
Area Medical Center South
Interior
Heating None
Cooling Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Roof Type Shingle,Wood
Private Pool No
Building
Lot Description Other
Story 1
Entry Level One
Foundation Slab
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Schools
Elementary Schools Kelso Elementary School
Middle Schools Attucks Middle School
High Schools Worthing High School
School District 27 - Houston
Others
Tax ID 705-190-009-0016
Acceptable Financing Cash, Conventional, FHA, Investor Financing, VA Loan
Disclosures None
Listing Terms Cash, Conventional, FHA, Investor Financing, VA Loan
NEARBY SCHOOL & BUSINESS
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