1001 W LOBITT STREET, ALVIN, TX 77511

Homes for sale in Alvin.

Homes for sale in 77511.


1001 W Lobitt Street

Alvin, TX 77511

Status of the property has changed, please contact for details

List Price$585,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #95663996

1

Bedrooms

1 full

Bathrooms

3,281

Square Feet

8

Number of Units

Multi-Unit Residential

Type

About This Property

Turnkey 8-Unit Multifamily Investment - Renovated & Income-Producing! This complex offers steady rental income & additional revenue from the coin-operated laundry facility located in a separate building. 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 groundskeeper & property supervisor. Both ensure the residence is pristine for everyone to enjoy. Each unit is 1-bedroom/1-bath thoughtfully designed for comfort & functionality: * Renovated in 2024 with quality upgrades throughout * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Private entry, individual parking, separate electric meters for each unit * Attractive brick & wood plank siding for lasting curb appeal. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only for qualified buyers with Proof of Funds. Contact listing agent today!

Property Features

Location Information

County

Brazoria

Longitude

-95.253039

MLS Area

Alvin Area

Subdivision

Bruner Alvin

Latitude

29.427554

Directions

From State Hwy 288 S, follow Hwy 6 S to 2nd St. Turn right on 2nd St. and left onto Lobitt St.

Interior Features

Interior

Stone Counters, Ceiling Fan(s), Programmable Thermostat

Total Number of Units

8

Exterior Features

Stories

1

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

8,551

Construction

Brick, Wood Siding

Is One Story

Yes

Lot Description

Corner Lot

School

School District

Alvin

Middle School

FAIRVIEW JUNIOR HIGH SCHOOL

Elementary School

ALVIN ELEMENTARY SCHOOL

High School

ALVIN HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, Investor Financing

Year Built

1967

Property Type

RI

Status

Active

Property SubType

Multi Family

Similar Listings

Mortgage Calculator

$2,731

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,108

Monthly Tax

$487

Monthly Insurance

$136

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder