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Map
$669,999
●
Multifamily -
For Sale
2526 Appian Way
New Caney, TX 77357
2 Beds
1 Bath
3200 Sqft
$4,468
Estimated Monthly
2.14%
Cap Rate
About This Property
This fourplex is a prime investment opportunity, currently fully
leased. It underwent an extensive remodel in 2022, which included
updates to the sewer, plumbing, and electrical panels. Enhancements
were made for added convenience and luxury, such as installing
laundry rooms in each unit, soft-closing kitchen cabinets, and
granite countertops. The property also saw improvements in energy
efficiency with added insulation in the exterior walls and attic.
Exterior upgrades include a newly added parking lot, while the
interior boasts completely renovated bathrooms featuring new tile,
vanities, toilets, tubs, and fixtures. Additionally, all doors and
windows were replaced, and two units received brand-new air
conditioning systems, with the remaining two systems, only a few
years old, being serviced. The property offers additional land,
presenting the potential for expansion by adding more units, which
could significantly increase revenue.
Unit Size
3,200Ft²
Days on Market
67 days
Land Size
-
Price per sqft
$209
Property Type
Multifamily
Property Taxes
$1,178
HOA Dues
-
Year Built
1980
Listed By
Last updated: 28 days ago (HAR #96904634)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 4, 2024 | Relisted | $669,999 | |
Relisted | |||
Apr 27, 2024 | In contract | - | |
In contract | |||
Apr 19, 2024 | Price Decreased |
$669,999
↓ $30K
(4.3%)
|
|
Price Decreased | |||
Mar 25, 2024 | Listed by Connect Realty.com | $699,999 | |
Listed by Connect Realty.com |
Property Highlights
Air Conditioning
Interior Details
Bedroom Information
Bedrooms: 2
Bathroom Information
Full Bathrooms: 1
Interior Information
Flooring: Tile
Living Area SqFt: 3200
Exterior Details
Property Information
Year Built: 1980
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: Fourplex
Construction materials: Brick
Roof: Composition
Financial Details
Total Taxes: $14,133
Tax Year: 2023
Tax Rate: 2.6418
Parcel Number: 8397-01-60800
Compensation Disclaimer: The Compensation offer is made only to participants of the MLS where the listing is filed
Compensation to Buyers Agent: 3%
Utilities Details
Utilities: Cable, Electric, Water
Heating Type: Central Electric
Cooling Type: Central Electric
Location Details
Location: Traveling from 59N, Take exit Roman Forest Make a right on Roman Forest Blvd. Travel through the neighborhood until you reach Appian Way, Make a right. You will pass the apartments on the left, make a u-turn and the apartments will be on the Right.
Subdivision: Roman Forest 01
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
3
Beds
2
Baths
4,179 ft²
$590,000
Mar 7, 2022
$531,000 - $649,000
Jun 8, 2022
$907/mo
Sold
House
4
Beds
3
Baths
2,649 ft²
$564,600
Apr 1, 2023
$508,000 - $620,000
Nov 9, 2023
$125/mo
Active
House
4
Beds
3
Baths
2,302 ft²
$245/ft²
$565,000
Nov 4, 2023
-
$100/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|