121212121212121
121212121212121
2 Beds
1 Baths
3,128 sq ft
MLS 43560898
MLS 43560898
Beds
Baths
Sq Ft
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)
On the market for 236 days
Multi-Family built in 1925
5,000 sq ft lot
$224 per sq ft
No Pool
Summary of the property details
Beds:
2
Baths:
1
Sq. Ft:
3,128
Style:
Triplex
Year Built:
1925
County:
Harris
Last updated Feb 27, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
None
Disclosures:
Sellers Disclosure, Tenant Occupied
Year Built:
1925
New Construction:
No
Subdivision:
Cherryhurst
Area:
Montrose
Master Planned:
N/A
Style:
N/A
Type:
Multi-Family
Sub Type:
Triplex
Garage Type:
N/A
# of Bedrooms:
2
# of Baths (Full):
1
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Room Description:
N/A
Bedroom Description:
N/A
Kitchen Description:
N/A
Dishwater:
Yes
Range Type:
N/A
Oven Type:
N/A
Disposal:
No
Compactor:
N/A
Countertops:
Granite
Cable:
N/A
Cool System:
Central Electric, Window Units
Appliances:
N/A
Loft:
N/A
Furnished:
N/A
Floors:
Tile, Wood
Private Pool:
N/A
Pool Area:
N/A
Features:
N/A
Water / Sewer:
N/A
Building Stories:
N/A
Complex Access:
N/A
Lot Description:
N/A
# of Garage Parking Spaces:
N/A
Garage Type:
N/A
Parking Desc:
Driveway Gate, Off Site Parking, Paved Area
Garage Carport:
N/A
Application Fee:
N/A
Rental Terms:
N/A
Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
This home is within the Houston District
Elementary
Middle
High School
No upcoming open houses
Castle Team
Homes similar to 1529 Welch Street are listed between $279,000 and $3,689,000 at and average of $196 per square foot.