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$595,000
1 Beds 1 Baths 39540693 MLS ACTIVE Status
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.

1001 W Lobitt St, Alvin

$1,595,000
2 Beds 2 Baths 44993922 MLS ACTIVE Status
Prime hard corner opportunity offering nearly 4 acres at the signalized intersection of Hwy 6 & County Road 149 with approximately 410 ft of Hwy 6 frontage and excellent visibility. This versatile property includes multiple income-producing improvements: an office building with waiting area, restrooms, and storage shed, a single-family home (2 bed, 1 bath) on a partially fenced lot, a duplex with two 2 bed / 1 bath units, and a single-wide mobile home currently used for storage (contents do not convey). Most structures are leased to long-term tenants, providing existing income. Property remained high and dry during Hurricane Harvey. Three tax IDs included and must be sold together: 0420-0022-000, 0420-0088-000, 0420-0041-000. Do not disturb tenants. Buyer to verify all measurements and perform independent due diligence regarding property use. Contact listing agent for additional information.

2518 W Hwy 6, Alvin