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.)
For sale
Price cut: $24.9K (7/10)
$675,000
1529 Welch St, Houston, TX 77006
2beds
3,128sqft
Est.:
Triplex
Built in 1925
-- sqft lot
$629,200 Zestimate®
$216/sqft
$-- HOA
What's special
Vintage detailsOriginal hardwoodsNew hvacsElectrical and plumbing improvementsThoughtful renovationsTimeless appeal
- 85 days |
- 363 |
- 13 |
- Loading
- Loading