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1529 Welch Street, Houston, TX 77006

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For Sale

$675,000

2 beds • 1 baths • 3,128 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $215.79
    Price per square foot

  • Over 50 Years Old
    Age

Explore 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.)
MLS# 59152680

Courtesy Of Castle Team

(713) 227-8537

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Brick, Wood Siding
  • Floor Covering
    Hardwood, Tile, Wood

Map and Directions

Directions to 1529 Welch Street, Houston, TX 77006

Home seller CENTURY 21 Olympian

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CENTURY 21 Olympian

(832) 553-8300
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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.