Renovated Multi-Family Property with ADU in Alvin, TX
Financial Details
- Asking Price:
- $645,000
- Profit Metric:
- Net Operating Income (Annual)
- Location:
- Alvin, TX, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This exceptional property in historic Old Town Alvin offers a unique opportunity for investors and owner-occupiers alike. The expansive, fully renovated main residence features 3 bedrooms and 3 bathrooms, complemented by a separate 1-bedroom, 1-bathroom accessory dwelling unit (mother-in-law suite) providing excellent passive income potential. Situated on a nearly 3/4 acre corner lot, the home boasts a chef's kitchen with modern amenities, a luxurious primary suite, and a dedicated library. Extensive renovations completed in 2023/2024 include new HVAC, plumbing, electrical systems, tankless water heater, windows, flooring, cabinetry, and finishes throughout, presenting a like-new construction feel. The property's zoning allows for flexible use, potentially accommodating both residential living and commercial office space. Located within walking distance to local amenities, this property offers low taxes and no HOA, making it a rare find.
Industry Information
- Industry Description:
- Multifamily Property
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 1955
Real Estate & Lease
- Status:
- Included
- Real Estate Price:
- $645,000 USD
Listing Details
- Listing ID:
- bd83decb-feae-4bbe-9559-0a665c5ab6b4
- Deal Status:
- For Sale
- Date Posted:
- June 10, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD