1529 Welch ST Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77006
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $215
Subdivision Cherryhurst
MLS Listing ID 75281880
Bedrooms 2
Full Baths 1
Year Built 1925
Annual Tax Amount $13,740
Tax Year 2023
Property Sub-Type Triplex
Property Description
Pro forma income: $5,550/month. This Montrose triplex with serious upside is surrounded by new construction! Unbeatable location—just steps from the prestigious River Oaks Shopping Center and walking distance from the best of Montrose. Walkable. Rentable. Profitable. This classic 1920s red brick triplex blends 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. Each of the duplexes should be renting for $2,200+. The garage apartment is poised to lease quickly at $1,150/month. 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 tenants.)
Location
State TX
County Harris
Area 16
Interior
Heating Central,Gas,Window Unit
Cooling Central Air,Electric,Window Unit(s)
Flooring Tile,Wood,Hardwood
Laundry Common Area
Exterior
Exterior Feature Private Entrance
Parking Features Electric Gate,Paved
Roof Type Composition
Building
New Construction No
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Acceptable Financing Cash,Conventional,Investor Financing,VA Loan
Listing Terms Cash,Conventional,Investor Financing,VA Loan