1001 W. Lobitt
Multifamily | 8 Units
Marketing description
MLS# 39540693
Turnkey 8-unit multifamily investment - renovated & income-producing! 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 * please do not disturb tenants. Showings by appointment only for qualified buyers with proof of funds/lender pre-approval.
Investment highlights
- NEW roof 4/2026
- NEW coin-operated washer & dryer
- 7 of 8 units occupied
- No HOA fees
- Low maintenance
- Long-term tenants
- All electronic rent payments
- All floor plans are identical
- Dumpster on property
- Shared courtyard
- Individual parking spaces
- Electricity individually metered
- Water master metered
- Quiet residential community
- Corner lot
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