1640 W Alabama is located in the heart of Montrose and affiliated with the Mandell Place Association, this property offers a unique investment opportunity with dual potential for Commercial or Business use purposes. Its strategic location and features make it a valuable asset in the vibrant Houston real estate market. Montrose is renowned for its eclectic mix of culture, art, dining, and vibrant community life. It appeals to a diverse demographic, including young professionals, artists, and families. The property's proximity to Downtown Houston, the Texas Medical Center, and the Museum District enhances its attractiveness to both tenants and businesses seeking convenience and accessibility. This lovely property has a Dual-Use Potential which features two units that can be utilized for Commercial or Business use purposes, providing flexibility in leasing options. This versatility appeals to a wide range of potential tenants. Both units share identical floor plans, optimizing space utility and making them equally appealing for different types of tenants. The upstairs unit offers a desirable balcony view, enhancing its appeal and potentially commanding higher rental rates. Parking: With an expansive lot spanning 6,250 sqft, the property provides ample parking space at both the front and rear. This feature is highly advantageous in Montrose, where parking can be scarce, particularly for businesses and residents. 1640 W Alabama offers a Market Demand for the Rental Market: Montrose is known for its strong rental market driven by its central location and vibrant community. The property's dual-use potential allows investors to capitalize on both residential and commercial leasing demands. Potential tenants include small businesses looking for office space, boutique shops, or service providers attracted to the area's bustling foot traffic. On the residential side, young professionals and families seek Montrose for its amenities and proximity to employment centers. 1640 W Alabama also offers investment considerations and historical appreciation: Properties in Montrose have historically shown strong appreciation rates due to ongoing urban revitalization efforts and increasing demand for urban living spaces. Property offers community and amenities and Income stability with affiliation with the Mandell Place Association underscores community ties and potentially enhances property value through neighborhood initiatives and maintenance. The property's dual-unit setup provides income stability with multiple streams of rental income, mitigating risks associated with vacancy. This property in Montrose represents a compelling investment opportunity due to its prime location, dual-use potential, ample parking, and alignment with the vibrant community and amenities of Montrose. With strong demand from both residential and commercial tenants, coupled with the area's historical appreciation rates, the property is well-positioned to generate stable income and long-term capital appreciation for investors. Advance 48 hours notice to tour is required