$1,950,000

401 E Main Street, Brenham, TX 77833

  • 2 beds |
  • 1 bath |
  • 13,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Colonial Oaks is an architecturally unique, fully leased 16-unit multifamily offering within the Opportunity Zone, just steps from historic Downtown Brenham shopping and dining and one mile to Blinn College Main Campus. With 12 one-bedroom units and four two-bedroom units spread across two buildings, Colonial Oaks provides covered off-street parking and offers a tranquil and well-maintained place for seniors, professionals, and students to call home. This stabilized asset in a rapidly growing market with limited inventory can be operated as-is for cash flow or is a prime candidate to put Opportunity Zone tax benefits to work by redeveloping the property into an Airbnb or boutique hotel, for which competition is scarce, and demand is high.

Listing Status:
Active
Listing Office:
Eastwood Realty : 713-714-3088
Listing Agent:
Loren Miner : 1+626-826-5906
MLS ID:
24577371
  • Appliances: RangeRefrigerator
  • Flooring: CarpetLaminateTileCarpets
  • A/C: Ceiling Fan(s)Window Unit(s)
  • Heating: Wall Heater
  • Disability Feature: Handicapped Additions

This listing courtesy of Loren Miner, Eastwood Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alton Elementary School

1210 S Market St, Brenham, TX, 77833

Grades PK-4

0.70 miles away

B

Brenham Jr High School

1200 Carlee Dr, Brenham, TX, 77833

Grades 7-8

1.06 miles away

B

Brenham High School

525 A H Ehrig Dr, Brenham, TX, 77833

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.