1001 W Lobitt St, Alvin, TX 77511

$595,000
1
BD
1
BA
3,281
SqFt

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List Price
$595,000
Status
ACTIVE
MLS#
39540693
Days on Market
65
Year Built
1967
Bedrooms
1
Bathrooms
1
Full-baths
1
Living Area
3,281
Lot Size
8,551
Lot Size Source
Appraiser
Subdivision
Bruner Alvin
Region
5
Market Area
Alvin Area
County
Brazoria

Property Description

Turnkey 8-Unit Multifamily Investment - Renovated & Income-Producing! 100% Occupied!!! NEW ROOF 4/2026! This complex offers steady rental income & additional revenue from the brand NEW coin-operated washer & dryer located in a separate laundry room. The property sits on a 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: * New roof 2026. Cosmetic renovations in 2024 with quality upgrades throughout * 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 * DRIVE BY ONLY! Please do not disturb tenants. Showings & inspections allowed during feasibility period.

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$8,895
Neighborhood
Alvin Area
Interior Features
Stone Counters, Ceiling Fans, Programmable Thermostat
Heating
Window Unit(s)
Cooling
Window/Wall
Stories
1
Utilities
Electricity Available, Natural Gas Available, Water Available
Lot Description
Corner Lot
Appliances
Refrigerator
Roof
Composition
School District
Alvin
Elementary School
Alvin Elementary School
Middle School
Fairview Junior High School
High School
Alvin High School

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Calculator source: Real Geeks

Listing courtesy of JLA Realty.