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$220,000

Rare opportunity in a rapidly developing area near East Midtown, just minutes from Downtown Houston, Midtown, and the University of Houston, with quick access to I-45 North and South (approximately 7 minutes away). This location is surrounded by new construction townhomes, with recent sales around $350K, making this a strong value-add and redevelopment opportunity. This offering includes TWO HOMES on one lot with strong income potential. Both units are currently tenant-occupied, providing immediate rental income for investors. The front home (3315) is remodeled and offers updated living space, while the second home (3311) provides a value-add opportunity for renovation or redevelopment. The 5,000+ sq ft lot offers additional upside, with potential to accommodate up to three townhomes depending on builder plans and city approval, making this an ideal opportunity for builders, developers, or long-term investors. No owner financing or creative financing options available. Recent price reduction enhances overall value and positioning in a rapidly appreciating corridor with strong demand and ongoing development activity. A prime opportunity to invest, hold, or redevelop in one of Houston’s most active growth corridors

2 Beds ⋅ 1 Baths ⋅ 21386520 MLS

3311 Bremond St, Houston