1914 Larrabee St Unit 1-12, Seabrook, TX 77586

$998,000
2
BD
1
BA
9,251
SqFt

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List Price
$998,000
MLS#
62475308
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1963
Bedrooms
2
Bathrooms
1
Living Area
9,251
County
Harris
Area
7
City
Seabrook
Subdivision
Lakeview Add

Property Description

Located in the charming lakefront community of Seabrook, this well-maintained 12-unit apartment complex presents a strong investment opportunity in a highly sought-after area. The property includes a mix of four 2-bedroom, 1-bathroom units & eight 1-bedroom, 1-bathroom units—perfectly suited for a variety of tenants. All 2-bedroom units feature private, fenced backyards, offering additional outdoor living space—a rare find in multifamily properties. Each unit is equipped with energy-efficient double-pane windows, updated water heaters, and PEX plumbing. As well as 1 covered parking space per unit. 10 of the units have had their HVAC systems replaced within the last 4 years, significantly reducing ongoing maintenance costs. The complex features onsite laundry facility w/ 2 coin-operated washers & dryers. 2025 NOI= $68,852 with rent increases underway & huge upside to turn into vacation rental, within walking distance to Clear Lake-watercraft rentals, waterfront restaurants & nightlife.

Additional Information

Unexempt Taxes
$15,072
Lot Size
19,585
Interior Features
Granite Counters, Window Treatments, Ceiling Fans, Programmable Thermostat
Flooring
Carpet, Plank, Tile, Vinyl
Roof
Other
Stories
2
School District
Clear Creek
Elementary School
Bay Elementary School
Middle School
Seabrook Intermediate School
High School
Clear Falls High School

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Calculator source: Real Geeks

Listing courtesy of Krystyna Fennelly from Bay Area Elite Properties LLC. Contact: