5215 Palmer StreetHouston, 77004

$715,000
Active108 days
3,286 sqft
7 beds
2-story
5,250 sqft lot
built in 1935
Houston 2-story, 7-bed 5215 Palmer Street-idx

Completely remodeled triplex with a studio apartment, perfect for Airbnb. Great investment opportunity!

Property Type: Residential, Triplex

Great turnkey investment opportunity! Completely remodeled, fully furnished Duplex plus a Casita! Currently being used as an Airbnb and grossed $94k over the past 12 months. The front building features two units, each with 3 bedrooms, 2 full bathrooms, a full kitchen, and living area; the Casita in the back is a studio apartment with a full bathroom. All three units were fully remodeled and updated in 2023. The shared courtyard with string lights is perfect for guests/tenants to enjoy. Just minutes from the Texas Medical Center, Museum District, and Universities. Airbnb bookings in the area continue to increase from a year ago. All appliances included with the sale! Cap rate 8.9% at asking.

MLS #286684000Real Properties