Active
1529 Welch Street
Houston TX, 77006
$699,900
$223.75 per sqft
Active
2 Beds
1 Bath
3,128 sqft
Multi-family
Built in 1925
Shocking cash flow upside! Percolating potential! This tremendous triplex in the heart of Montrose is fully rented and makes an incredible investment opportunity! It consists of 3 units: a charming duplex and a garage apartment, both built in the 1920s. Both duplex units are rented WELL below market value. This property has been nicely updated and well-maintained with numerous recent renovations. This classic Redbrick duplex exudes warmth with wood floors throughout and this highly sought-after duplex design features upstairs/downstairs units, each filled historic charm and character. Each half of the duplex consists of a spacious 2 bed / 1 bath design. The garage apartment includes a 1 bed / 1 bath design. Total gross rental income is an impressive $4,100 per month, but these rents are WELL below market value. Located in Montrose while also walking distance to the River Oaks Shopping Center makes this location simply unbeatable. (Please don't disturb tenants)
43560898
MLSⓇ ID
July 11, 2024
Listed
February 5, 2025
Updated
Map
1529 Welch Street
Houston TX, 77006
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Countertops(Granite)
Appliances
Range, Microwave, Dishwasher, Refrigerator
Laundry Description
Central Laundry
Floor Description
Tile, Wood, Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Electric, Window Unit(s)
Heating
Yes
Heating Description
Natural Gas, Window Unit
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Private Entrance, Balcony
Roof
Composition
School Information
School District
27 - Houston
High School
Lamar High School (Houston)
Elementary School
Baker Montessori School
Other Property Details
Area Name
16
Taxes
$13,740
Tax Frequency
Annually
Days on Market
193
Garage
No
Parking
Driveway Gate, Off Site, Paved
View
No
County
Harris
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/1/2024 | Active | — |
10/19/2024 | Pending | — |
8/13/2024 | Price change | $699,900 -3% |
Courtesy of Castle Team, Rory Higgins
Based on information from the Houston Association of REALTORS as of 2/5/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 1:46 AM UTC, 2/5/2025