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.
Cost/sqft based on Tax Value
|Tax Year||Cost/sqft||Tax Assessment||Change|
2018 Harris County Appraisal District Tax Value
|Market Land Value:||$52,500|
|Market Improvement Value:||$240,759|
|Total Market Value:||$293,259|
2018 Tax Rates
|HOUSTON ISD:||1.2067 %|
|HARRIS COUNTY:||0.4186 %|
|HC FLOOD CONTROL DIST:||0.0288 %|
|PORT OF HOUSTON AUTHORITY:||0.0116 %|
|HC HOSPITAL DIST:||0.1711 %|
|HC DEPARTMENT OF EDUCATION:||0.0052 %|
|HOUSTON COMMUNITY COLLEGE:||0.1003 %|
|HOUSTON CITY OF:||0.5883 %|
|Total Tax Rate:||2.5304 %|
|Estimated Monthly Principal & Interest (Based on the calculation below)||$ 1,719|
|Estimated Monthly Property Tax (Based on Tax Assessment 2018)||$ 618|
|Home Owners Insurance||Get a Quote|
2018 Subdivision Facts
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Below Average |
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3501 Brewster Street #12, Houston, TX 77026 Directions
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3501 Brewster Street #12 Houston TX 77026 is listed for sale for $450,000. It is a 8,400 SQFT, 2 Beds, in Eagle.
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