5 Estelle StHouston, TX 77003

This exceptional 5-unit apartment building presents a compelling investment opportunity in Houston's vibrant East Downtown (EaDo) neighborhood. Located at 5 Estelle St, this stabilized property boasts 3,140 square feet across two 2-story buildings situated on a 5,000 square foot lot. Completely renovated in 2022, the property features a new roof, HVAC system, windows, and water heaters, ensuring minimal maintenance and long-term value. All five units are fully furnished and currently enjoy 80% occupancy, generating a strong monthly income stream. The property's prime location offers easy access to downtown Houston, trendy restaurants, shops, and newly developed areas, attracting high-quality tenants. This turnkey investment is ideal for those seeking immediate cash flow and significant appreciation potential in one of Houston's fastest-growing neighborhoods. Built in 1938, the property's recent comprehensive renovation ensures modern amenities and a hassle-free ownership experience. The Harris County property (APN: 0071260080006) offers a value-add opportunity with potential for further income growth. This is a rare chance to acquire a fully furnished, income-producing asset in a highly desirable location. The asking price is $899,995, representing a strong return on investment in a rapidly appreciating market.