3501 Brewster Street , #12

    Houston, TX 77026
    • $450,000
    • STATUS: Active
    • ON SITE: 123 days
    • MLS #: 77315412
    UPDATED: 42 min ago
    $450,000
    • 2
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,400
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:
    Area:
    2

    School Information

    Middle School:
    High School:
    School District:

    Description

    ON AUCTION NOW!! Seller will sell at whatever the auction fetches! Auction starts June 10 ends June 12. Register for the auction at: www.ten-x. com/commercial/listing/3501-brewster-street-houston-tx-77026/1000010707/ Completely Rebuilt! Over $800k invested into rehab of this 12plex. Property is master leased to a Sober Living "Rehab" facility that assumes all cost of operations and tenders monthly rent in a lump sum $9700 payment at the beginning of the month. Master lease is a NNN lease (tenants pay for all bills including insurance!) all landlord pays for is taxes at the end of the year. No management, just automatic cashflow. 2.5 more years on lease (lease expires Oct 2021). All spacious 12 units are 2 bed 1 bath. All units are brand new finished with luxurious trim. Privacy fence and automatic electronic gate. Located only 3 mins from downtown. Great opportunity for Turnkey investors looking for positive cashflow. No management needed! $450k price is auction starting bid.

    Monthly Payment Calculator

    © 2019 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-06-18T22:12:50.207.
    www.texashomeshoprealty.com/homes/91833363

    3501 Brewster Street , #12 Houston, TX 77026

    • Price: $450,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 77315412
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    8,400
    SQFT
    $54
    $/SQFT
    2018
    Built
    Neighborhood:
    Eagle
    County:
    Harris
    Area:
    2
    Elementary School:
    Ross Elementary School (Houston)
    Middle School:
    Fleming Middle School
    High School:
    Wheatley High School
    School District:
    Houston
    Property Description
    ON AUCTION NOW!! Seller will sell at whatever the auction fetches! Auction starts June 10 ends June 12. Register for the auction at: www.ten-x. com/commercial/listing/3501-brewster-street-houston-tx-77026/1000010707/ Completely Rebuilt! Over $800k invested into rehab of this 12plex. Property is master leased to a Sober Living "Rehab" facility that assumes all cost of operations and tenders monthly rent in a lump sum $9700 payment at the beginning of the month. Master lease is a NNN lease (tenants pay for all bills including insurance!) all landlord pays for is taxes at the end of the year. No management, just automatic cashflow. 2.5 more years on lease (lease expires Oct 2021). All spacious 12 units are 2 bed 1 bath. All units are brand new finished with luxurious trim. Privacy fence and automatic electronic gate. Located only 3 mins from downtown. Great opportunity for Turnkey investors looking for positive cashflow. No management needed! $450k price is auction starting bid.
    Exterior Features

    Access Automatic GateDriveway Gate Acres Description 1/4 Up To 1/2 Acre Front Door Faces EastSouth Parking Desc Automatic Driveway GateDriveway GatePaved Area Parking Per Unit One Rec Facility ExercisePlayground Roof Composition Siding Vinyl

    Interior Features

    Compactor No Cool System Window Units Countertops Granite Dishwasher No Disposal No Floors Vinyl Plank Heat System Window Unit Microwave No Range Yes Refrigerator Yes

    Property Features

    Contract Type Commercial Country United States Disclosures No Disclosures Energy Ceiling Fans Exemptions None Expense Operating 7409 Expense Owner Operating Taxes Fee Other No Finance Available ConventionalInvestor Income Gross 116400 Income Gross Operating 116400 Income Net Operating 108991 Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No Meters Separate Meters Misc Features Fire/Smoke AlarmPrivate EntryWheelchair Access New Construction No Property Sub Type 5 Plus Restrictions None Sq Ft Source Builder Tax Amount 7409 Tax Rate 2.5264 Tax Year 2018 Unit Features BalconyFenced AreaHandicap AccessPatio Utilities ElectricWater Utility District 0 Year Built Src Builder

    Listing information © 2019 Houston Association of REALTORS® MLS.
    Listing courtesy of Sanmore Realty.

    © 2019 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-06-18T22:12:50.207.
     
    Texas Home Shop Realty
    2450 Marina Bay Dr Suite C
    League City TX, 77573