For Sale

$949,000

HIGHLIGHTS:
  • Active
  • $9,183/month
  • 98 DOM
  • 2 Stories
  • 0 Beds
  • 3,096 SqFT
Description

RARE Turn-key fully furnished, income-producing 5-unit multifamily in Montrose (77006). Proven STR success with $140K gross revenue and $80K NOI (2-year annual average, 2023–2025). Building Details - 1 × 2BR - 3 × 1BR - 1 × Studio - In-unit washer and dryer in every apartment + a dedicated laundry & storage facility for smooth operations and quick turnarounds Proven STR performer – fully furnished, decorated, and consistently generating income $300K+ recent interior renovations – true plug-and-play investment Gated lot with smart home upgrades (locks/security) Prime location near Montrose, Museum District, Midtown & Downtown Strong cash flow history supported by tourism, business travel, and upcoming events such as the 2026 FIFA World Cup Long Term Rental Potential: Estimated $100–110K gross income with NOI ~$60–65K Furthermore, Transition/start-up support for first-time STR investors is available (up to 1 year, at additional cost)

Overview
  • MLS Number: 64988260
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,096 SqF
  • Land Size: 4,750 sqft
  • Year Built: 1938
Financial
Price:
$949,000
Price/SqFT:
$306.52
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$9,183 *
Tax Amount:
$0
Amenities and features
  • Cul-de-sac
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Countertop:
    granite
    Floors:
    Laminate
    Heating:
    Central Gas
    Cooling:
    Central Electric,Heat Pump
    Microwave:
    Yes
    Disposal:
    No
    Dishwasher:
    Yes
  • Roof:
    Wood Shingle
    Lot Description:
    Cul-De-Sac
    Parking Unit:
    Less than One

Listed By:
Pietro Galli

NB Elite Realty

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