Description
We are delighted to present an outstanding and strategic opportunity for residential developers and builders with a vision for innovation. This eclectic collection of properties is situated in the rapidly evolving East End District of Houston, representing a key investment for innovative and discerning developers. Properties overview:7116 Canal St. This parcel features a 1-4 family residential unit, currently leased for $900 monthly until June 2024;0 Canal St. An unimproved land parcel, offering a blank canvas for developers to create visionary residential or mixed-use projects;7120 Canal St. Formerly a retail building, this lot is a versatile option for residential conversion or new developments;7124 Canal St. This lot hosts a 1-4 family residential unit with a lease of $1100 ending Dec 2023. Enjoy stable monthly income from the leased properties while navigating through city permits, architectural design, and engineering processes. OPPORTUNITY ZONE
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2BEDS
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0.19ACRES
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1BATHS
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01/2 BATHS
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1,008SQFT
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$917$/SQFT
School Information
Description
We are delighted to present an outstanding and strategic opportunity for residential developers and builders with a vision for innovation. This eclectic collection of properties is situated in the rapidly evolving East End District of Houston, representing a key investment for innovative and discerning developers. Properties overview:7116 Canal St. This parcel features a 1-4 family residential unit, currently leased for $900 monthly until June 2024;0 Canal St. An unimproved land parcel, offering a blank canvas for developers to create visionary residential or mixed-use projects;7120 Canal St. Formerly a retail building, this lot is a versatile option for residential conversion or new developments;7124 Canal St. This lot hosts a 1-4 family residential unit with a lease of $1100 ending Dec 2023. Enjoy stable monthly income from the leased properties while navigating through city permits, architectural design, and engineering processes. OPPORTUNITY ZONE