For Sale
1529 Welch St Houston, TX 77006
$675,000
Description
Pro forma income: $5,550/month. This Montrose triplex with serious upside is surrounded by new construction! Unbeatable location—just steps from the prestigious River Oaks Shopping Center and walking distance from the best of Montrose. Walkable. Rentable. Profitable. This classic 1920s red brick triplex blends features a spacious up/down duplex (each unit is s 2 bed/1 bath) full of character: original hardwoods, vintage details, and timeless appeal. Out back, a detached 1 bed / 1 bath garage apartment offers extra income potential. Current rents are well below market, creating instant value for the next owner. Proforma rent for each duplex unit is $2,200+. The garage apartment is poised to lease quickly at $1,150/month. Recent updates include new HVACs, electrical and plumbing improvements, and thoughtful renovations that preserve the home’s historic feel while adding modern reliability. (Please do not disturb tenants.)
Overview
Financial
Price:
$675,000
Price/SqFT:
$215.79
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$6,537 *
Tax Amount:
$0
Amenities and features
Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
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InteriorFloors:Tile,WoodCountertop:GraniteHeating:Central Gas,Window UnitCooling:Central Electric,Window UnitsMicrowave:YesDisposal:NoDishwasher:YesEnergy Feature:Ceiling Fans,Digital Program Thermostat,North/South Exposure
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ExteriorRoof:CompositionExterior Type:Brick,WoodParking:Driveway Gate,Off Site Parking,Paved AreaFront Door Face:North
Listed By:
Rory Higgins
Castle Team
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