1529 WELCH STREET, HOUSTON, TX 77006
Homes for sale in Houston.
Homes for sale in 77006.
1529 Welch Street
Houston, TX 77006
List Price$675,000
Listing #75281880
2
Bedrooms
1 full
Bathrooms
3,128
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
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 is s 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. Proforma rent for each duplex unit is $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.)
Property Features
Location Information
County
Harris
Subdivision
Cherryhurst
MLS Area
Montrose
Directions
From Waugh, head west on Welch. Property is on the left.
Latitude
29.748924
Master Planned Community
CHERRYHURST
Longitude
-95.399037
Interior Features
Interior
Balcony, Granite Counters, Window Treatments, Ceiling Fan(s), Programmable Thermostat
Total Number of Units
3
Fireplace Description
Private Entrance
Exterior Features
Stories
2
Parking Description
Electric Gate, Paved
Is New Construction
No
Lot Size in Acres
0
Construction
Brick, Wood Siding
Lot Size in Sq. Ft.
5,000
Exterior
Private Entrance
Is One Story
No
School
School District
Houston
Middle School
LANIER MIDDLE SCHOOL
Elementary School
BAKER MONTESSORI SCHOOL
High School
LAMAR HIGH SCHOOL (HOUSTON)
Additional Information
Finance Available
Cash, Conventional, Investor Financing, VA Loan
Year Built
1925
Property Type
RI
Status
Active
Property SubType
Triplex
Similar Listings
Mortgage Calculator
$3,151
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,432
Monthly Tax
$562
Monthly Insurance
$157
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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