511 Gulf Bank Road #5

Houston, TX 77037
$1,800,000
5800 sqft | 3 beds | 2 baths | 4.51 acres | #56432460

Description

This commercial property at 511 Gulf Bank offers a fantastic opportunity for investors looking to capitalize on a current cash flow and the potential for future expansion. Situated on over 4.5 acres, this prime location is ideal for constructing a commercial building. With a price tag of $1,800,000, this multi-family property boasts multiple detached dwellings and spans across 5,800 square feet. Built in 1960, the property also offers ample space with its expansive lot size of 196,590 square feet. Don't miss out on this remarkable chance to own a profitable commercial property in a sought-after area.

  • Property Details
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
      • Lot description:2 Up to 5 Acres
      • Acres:4.5131
      • Square Feet:5800
      • Property type:Multi-Family
      • Year built:1960
      • Subdivision:Hill W L
      • School district:1 - Aldine
      • Elementary School:RAYMOND ACADEMY
      • Middle School:Grantham Academy
      • High School:ALDINE HIGH SCHOOL
      • County:Harris
      • Taxes annual:$7, 416
      • MLS #:56432460
      • Cost:1800000
      • Property subtype:Multi Family, Multiple Detached Dwellings
      • MLS #:56432460

Location

Kim MarshReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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