3448 Elgin St - Apartments FOR SALE


Houston, TX 77004- Third Ward
$1,499,995 USD
832-990-9482
3448 Elgin St, Houston, TX for Sale
$1,499,995 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

3448 Elgin St
Houston, TX 77004
Third Ward


OVERVIEW

This property is turnkey. Renovated 2022. 2 blocks to University of Houston, bus line and light rail train. Easy to lease. Low maintenance finishes. Low taxes. Laundry room on site for additional revenue and tenant retention. 12, 1 bedroom units includes all appliances. Spacious bedrooms plus walk-in closet. Scale revenue by turning it into a boutique hotel, student housing or let is continue to generate income as is. Units lease for $995. Several long term tenants.

FOR SALE DETAILS

PRICE

$1,499,995 USD

PRICE/SF

$208 USD /SF

# OF UNITS

12

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,623 SF

ZONING

-

APN/PARCEL ID

0090320040002

ASK ABOUT THIS PROPERTY

Brittney RogersThe Rogers Group Realty, LLCMore Info
832-990-9482

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brittney RogersThe Rogers Group Realty, LLCMore Info
832-990-9482

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.