1529 Welch St Houston, TX 77006
$699,900
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)
- Controlled Subdivision
- Energy Efficient
-
InteriorFloors:Tile,WoodCountertop:GraniteHeating:Central Gas,Window UnitCooling:Central Electric,Window UnitsDishwasher:YesDisposal:NoMicrowave:YesEnergy Feature:Ceiling Fans,North/South Exposure,Digital Program Thermostat
-
ExteriorRoof:CompositionExterior Type:Brick,WoodParking:Driveway Gate,Off Site Parking,Paved AreaAccess:Driveway GateFront Door Face:North
Listed By:
Rory Higgins
Castle Team
The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2025 Houston Association of REALTORS®.