For Sale

$1,880,000

HIGHLIGHTS:
  • Active
  • $19,471/month
  • 363 DOM
  • 2 Stories
  • 0 Beds
  • 7,708 SqFT
Description

Located in Montrose’s historic Westmoreland neighborhood, this 8-unit Jacobean-Revival apartment complex is a prime investment opportunity near downtown, the Medical Center, and Rice University. The fully occupied property features eight updated 1-bedroom units with original hardwood floors, charming windows, and cozy seating areas, complemented by recent upgrades including a full re-pipe, instant water heaters, foundation repair, a 3-year-old roof, and AC units 5 years or newer. With controlled access, parking for 10+ cars, ample storage, roof access, separate meters, and tenant-paid utilities, this low-maintenance gem offers strong cash flow potential. Contact for details or to schedule a tour. Measurements are approximate.

Overview
  • MLS Number: 75327278
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 7,708 SqF
  • Land Size: 9,375 sqft
  • Year Built: 1926
Financial
Price:
$1,880,000
Price/SqFT:
$243.90
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$19,471 *
Tax Amount:
$0
Amenities and features
  • Wheelchair Access
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile,Wood
    Countertop:
    butcherblock
    Heating:
    Central Gas
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Microwave:
    Yes
    Energy Feature:
    Attic Vents,Ceiling Fans,Insulation - Blown Cellulose,Radiant Attic Barrier,Tankless/On-Demand H2O Heater
  • Roof:
    Composition,Other
    Exterior Type:
    Brick,Wood
    Parking:
    Paved Area
    Parking Unit:
    One
    Front Door Face:
    East

Listed By:
Amanda Smith

Boulevard Realty

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