For Sale

$675,000

HIGHLIGHTS:
  • Active
  • $7,005/month
  • 4 DOM
  • 2 Stories
  • 0 Beds
  • 3,128 SqFT
Description

Montrose triplex with serious upside is surrounded by new construction! Walkable. Rentable. Profitable. Unbeatable location—just steps from the prestigious River Oaks Shopping Center and walking distance from the best of Montrose. This classic 1920s red brick triplex blends historic charm with investment power. It features a spacious up/down duplex (each unit 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. The garage apartment is poised to lease quickly at $1,150/month. Projected gross rental income for the property: $4,100/month—with plenty of headroom for increases. 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 ten

Overview
  • MLS Number: 75281880
  • Type: Multi-Family - Triplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,128 SqF
  • Land Size: 5,000 sqft
  • Year Built: 1925
Financial
Price:
$675,000
Price/SqFT:
$215.79
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$7,005 *
Tax Amount:
$0
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile,Wood
    Countertop:
    Granite
    Heating:
    Central Gas,Window Unit
    Cooling:
    Central Electric,Window Units
    Microwave:
    Yes
    Disposal:
    No
    Dishwasher:
    Yes
    Energy Feature:
    Ceiling Fans,Digital Program Thermostat,North/South Exposure
  • Roof:
    Composition
    Exterior Type:
    Brick,Wood
    Parking:
    Driveway Gate,Off Site Parking,Paved Area
    Front Door Face:
    North
Documents

Listed By:
Rory Higgins

Castle Team

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