10114 Papalote Street Houston 77041

$395,000

SommermeyerMLS: #78287018

1 month, 19 hours, 12 minutes on market

  • 9

    Beds
  • 4

    Baths
  • 5621

    Sq. Ft.
StatusActive
Year Built1960
CountyHarris
Flooring
Lot Size
ParkingAttached Garage
Total Stories2
CoolingCentral Electric
School District13 - Cypress-FairbanksSchoolKIRK ELEMENTARY SCHOOL
Fireplace

YOUR SPECIALIST

Claudia Oakley Licensed Real Estate Salesperson
Call7133022135

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Property Details

A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!

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