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Northside Houston Multifamily

$650,000

1501 Noble, Houston, TX 77009

Active
Last Updated: 10/28/2024

5.4

Cap Rate

2,028 sqft

Building Size

Details:
Cap Rate:    5.4%
Building Size:    2,028 sqft
Lot Area:    5,001 sqft
Occupancy:    100%
Units:    5
Price Per Sqft:    $320.51
Highlights:
  • Prime development area
  • Downtown Houston Skyline Views
Description:

Discover breathtaking downtown skyline views from this prime location near Sherman Elementary School. 1501 Noble Street features five units spread across three buildings, offering incredible investment potential. With a motivated seller welcoming all offers, the property boasts a 5.4% cap rate and significant development opportunities. Conveniently located near major freeways, the University of Houston, Downtown Houston, and the Galleria, this historic 1935 home is a rare find. It's perfect for investors seeking a lucrative opportunity in a thriving area with new developments on the rise.

Map:
Documents:
Title
1501_Noble_Brochure.pdf
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Location
Gallery