Log In/Sign Up
Your email has been sent.
3448 Elgin St 12 Unit Apartment Building $1,499,995 ($125,000/Unit) Houston, TX 77004
Executive Summary
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.
Property Facts
| Price | $1,499,995 | Lot Size | 0.18 AC |
| Price Per Unit | $125,000 | Building Size | 7,200 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $1,499,995 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2022 |
| Parking Ratio | 1.67/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Tile Floors
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Walk-In Closets
- Instant Hot Water
- Linen Closet
- Smoke Free
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0090320040002 | Improvements Assessment | $555,137 |
| Land Assessment | $228,750 | Total Assessment | $783,887 |
Property Taxes
Parcel Number
0090320040002
Land Assessment
$228,750
Improvements Assessment
$555,137
Total Assessment
$783,887
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3448 Elgin St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.