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3520 Broadway St
Houston, TX 77017
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Convenient to Hobby Airport, I-45 S., and Loop 610
- Main building downstairs unit could be used as a doctor's attorney's or tax office
- 5 miles from downtown Houston
- 3 units in main building, two garage apartments and a separate 2-bedroom unit
Executive Summary
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.
Property Facts
| Price Per Unit | $125,498 CAD | Building Size | 3,797 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1932 |
| Apartment Style | Garden | Parking Ratio | 2.63/1,000 SF |
| Lot Size | 0.33 AC |
| Price Per Unit | $125,498 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.33 AC |
| Building Size | 3,797 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1932 |
| Parking Ratio | 2.63/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 450 |
| 1+1 | 2 | - | 450 - 600 |
| 2+1 | 1 | - | 900 |
| 3+1 | 1 | - | 800 |
| 3+2 | 1 | - | 1,800 |
Property Taxes
| Parcel Number | 0283070000009 | Improvements Assessment | $430,222 CAD |
| Land Assessment | $97,724 CAD | Total Assessment | $527,946 CAD |
Property Taxes
Parcel Number
0283070000009
Land Assessment
$97,724 CAD
Improvements Assessment
$430,222 CAD
Total Assessment
$527,946 CAD
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