About this property

Rare opportunity to purchase a 6 unit complex in Alvin for way under market. Property needs a FULL remodel—-foundation, electrical, plumbing, windows, siding, and all interior finishes. Consists of 4- 1 bedroom/1 bath/living/kitchen units, and 2 efficiency units. The 4 1-bedroom units were all previously rented last year in current condition for $450/month each and the efficiencies for $400, with gross rents of $2600/month. Landlord pays gas and water. Opportunity to raise rents substantially after full rehab. Property is currently vacant, and priced under market for quick sale!