16016 Green Manor DrHumble, TX 77396

For Sale
$385,000

Four-unit rental, renovated, high potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a four-unit multifamily property located at 16016 Green Manor Dr, Humble, TX 77396, in Harris County. The property boasts a substantial 20,895 square foot lot, offering ample space for future expansion. Currently featuring a mix of unit sizes – a one-bedroom/one-bathroom, a two-bedroom/two-bathroom, a two-bedroom/one-bathroom, and a four-bedroom/one-bathroom – totaling 3,524 square feet of net rentable space. Built in 1958 and extensively renovated in 2024, this property offers significant upside. Recent renovations include complete stud replacement in the main unit, a new AC system and ductwork, partial electrical upgrades, and new bathtubs. Permits are in place, and the interior has been stripped to the studs, allowing for complete customization and layout optimization. The property is currently vacant, providing immediate opportunity for a new owner to implement their vision. There's even potential to convert the existing garage into an additional rental unit, further increasing the property's income potential. This is a rare chance to acquire a multifamily property in a desirable location with significant renovation already completed, ready for immediate income generation. The asking price is $385,000.

Highlights

  • Asking Price: $385,000
  • Multifamily property with four units, totaling 3,524 square feet of net rentable area.
  • Located on a large 20,895 square foot lot in Humble, Texas (Harris County, zip code 77396).
  • Built in 1958, extensively renovated in 2024, including new AC, ductwork, some electrical, and bathtubs; studs replaced in main unit.
  • Potential for a fifth unit by converting the garage. Currently includes a 1/1, 2/2, 2/1, and 4/1 unit.

Property Details for 16016 Green Manor Dr

Property type
Multifamily properties, Residential income homes
Year Built/Renovated
1958/2024
Units
4

Location Insight

City
Humble
County
Harris
State
Texas
Latitude
29.9529198
Longitude
-95.2941555
16016 Green Manor Dr, Humble, Texas

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16016 Green Manor Dr
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