For Sale
$920,000

1640 Alabama St Houston, TX 77006

Prime Montrose location, two-unit building, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional two-unit apartment building, located at 1640 W Alabama St in Houston, Texas, presents a compelling investment opportunity. Built in 1928, this 3,296 square foot property sits on a generous 6,250 square foot lot, providing ample parking at both the front and rear. The asking price is $920,000, translating to $279.13 per square foot. The building features two identical units, each suitable for commercial or residential leasing, offering a reliable income stream. The upstairs unit boasts a desirable balcony. Both units include wood floors, central gas cooling, central electric heating, a dishwasher, garbage disposal, and microwave. Energy-efficient features such as ceiling fans and a digital programmable thermostat are also present. This property enjoys a highly sought-after location in the heart of Montrose, affiliated with the Mandell Place Association, and benefits from convenient proximity to Downtown Houston, the Texas Medical Center, and the Museum District. The two-story building offers a blend of classic charm and modern convenience, making it an ideal investment for discerning buyers seeking a strong return in a prime Houston location. The expansive lot size ensures ample parking for tenants or employees.

Highlights

  • Hardwood floors.
  • Central gas cooling.
  • Central electric heating.
  • Dishwasher included.
  • Garbage disposal included.
  • Microwave included.

Property Details for 1640 Alabama St

Property type
Apartment buildings
Square Feet
3,296 SF
Year Built
1928
Stories
2

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7388892
Longitude
-95.4010197

FAQs

What type of property is this?
Apartment building - Prime Montrose location, two-unit building, high rental income.
Where is the apartment building located?
The property is located at 1640 Alabama St Houston, TX.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Hardwood floors.; Central gas cooling.; Central electric heating.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1640 Alabama St
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