3520 Broadway St - Multi-Family FOR SALE


Houston, TX 77017- Park Place
$550,000 USD
713-924-9100
3520 Broadway St, Houston, TX for Sale
$550,000 USD
Multi-Family - FOR SALE
1/32
null | Request Cap Rate

3520 Broadway St
Houston, TX 77017
Park Place


HIGHLIGHTS

  • Convenient to Hobby Airport, I-45 S., and Loop 610
  • 5 miles from downtown Houston
  • Main building downstairs unit could be used as a doctor's attorney's or tax office
  • 3 units in main building, two garage apartments and a separate 2-bedroom unit

OVERVIEW

This 6-unit multi-family property is located on a prominent corner facing Broadway St., within two blocks of I-45 S (Gulf Freeway). The main building contains three units. The main building contains three of the units, the downstairs unit is approximately 1,800 sq. ft. and has historically been used as a doctor's clinic. It is ideal for this use, or as an attorney's or tax office. it could be re-converted to a single-family unit as well. There is a two-bedroom unit on the second floor and an efficiency unit on the third floor. The building behind the main building contains two garage apartments, one-bedroom each, and the separate house is a two-bedroom unit on a fenced off portion of the property. It could be re-developed into townhomes or a new multi-unit rental property. There are no financials available as it has not been occupied for over two years.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

6

PRICE/UNIT

$91,667

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,276 SF

ZONING

-

APN/PARCEL ID

0283070000009

ASK ABOUT THIS PROPERTY

Carlos Garcia IICarlos Garcia RealtyMore Info
713-924-9100

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Carlos Garcia IICarlos Garcia RealtyMore Info
713-924-9100

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