For Sale
$4,000,000

422 Lovett Blvd Houston, TX 77006

Six-unit apartment building, 100% occupied

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional multifamily investment opportunity presents a fully occupied six-unit apartment building ideally situated in Houston's vibrant Montrose neighborhood. The property, encompassing 7,880 square feet of net rentable space, sits on a substantial 17,000 square foot lot. The building comprises four spacious three-bedroom, two-bathroom units and two cozy one-bedroom, one-bathroom units, all currently leased. Built in 1920 and recently renovated, this Class B property boasts convenient amenities including gated parking and an on-site laundry facility. Residents enjoy a large common backyard, perfect for relaxation. The property's prime location offers easy access to downtown Houston, the Texas Medical Center, and Midtown, placing residents within minutes of shopping, dining, and entertainment options. The property is zoned B2 -- Real, Residential, Two-Family, allowing for flexibility. This is a rare chance to acquire a fully leased, well-maintained multifamily property in a highly desirable area. The asking price is $4,000,000. The property consists of four buildings, each two stories high. The address is 422/426 Lovett Blvd, Houston, TX 77006. The Harris County APN is 0261340000009.

Highlights

  • $4,000,000 asking price for a six-unit apartment building.
  • Multifamily investment opportunity in Houston, TX's Montrose neighborhood.
  • 7,880 square feet, 100% occupancy, recently renovated.
  • Six units total: four 3/2 units and two 1/1 units.
  • Located on a 17,000 square foot lot with gated parking and on-site laundry.

Property Details for 422 Lovett Blvd

Property type
Apartment buildings
Square Feet
7,880 SF
Class
B
Year Built
1920
Buildings
4
Stories
2
Units
6

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.743836
Longitude
-95.3869151

FAQs

What type of property is this?
Apartment building - Six-unit apartment building, 100% occupied
Where is the apartment building located?
The property is located at 422 Lovett Blvd Houston, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: $4,000,000 asking price for a six-unit apartment building.; Multifamily investment opportunity in Houston, TX's Montrose neighborhood.; 7,880 square feet, 100% occupancy, recently renovated.
How can I contact the broker?
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422 Lovett Blvd
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