$575,000
Multi Family In Alvin
- 1 Beds
- 1 Baths
- 3,281 Sqft
- 8,551 Sqft lot
- Updated: August 5
- Source: Houston Association of REALTORS MLS#39540693
About the Property
NEW ROOF 4/2026! 9% Pro Forma Cap Rate-Turnkey 8-Unit Multifamily Investment-Renovated & Income-Producing! * Cosmetic renovations to every unit completed in 2024 with quality upgrades * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Walk-in closets * Private entry, individual parking, separate electric m
NEW ROOF 4/2026! 9% Pro Forma Cap Rate-Turnkey 8-Unit Multifamily Investment-Renovated & Income-Producing! * Cosmetic renovations to every unit completed in 2024 with quality upgrades * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Walk-in closets * Private entry, individual parking, separate electric meters per unit * Attractive brick & wood plank siding for lasting curb appeal * Dumpster on-site.
This complex offers steady rental income & additional revenue from the brand NEW coin-operated washer & dryer located in a separate laundry room. Quiet corner lot in a residential neighborhood near downtown Alvin, TX ~30 miles from Houston & Galveston. There is an on-site property supervisor. Each unit is 1-bedroom/1-bath thoughtfully designed for comfort & functionality. * DRIVE BY ONLY! Please do not disturb tenants. Showings & inspections allowed during feasibility period.
This complex offers steady rental income & additional revenue from the brand NEW coin-operated washer & dryer located in a separate laundry room. Quiet corner lot in a residential neighborhood near downtown Alvin, TX ~30 miles from Houston & Galveston. There is an on-site property supervisor. Each unit is 1-bedroom/1-bath thoughtfully designed for comfort & functionality. * DRIVE BY ONLY! Please do not disturb tenants. Showings & inspections allowed during feasibility period.
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Property type
Other
-
Floors
1
-
Year built
1967
-
Price/sqft
$175
Features
- Renovated
- Investment Property
- Laundry Room
- Stone Countertops
- Washer Dryer
- Parking
Explore the Area
1001 W Lobitt Street, Alvin, Texas, United States
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Last updated
August 5
First listed
May 24
Listing reference
39540693
Listing status
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