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)

Granite Counters

0 up

Exterior: Private Entrance

Porch & Patio: Patio

MLS #294638709Castle Team

Houston 2-story, 2-bed 1529 Welch Street-idx

Cherryhurst Homes

Cherryhurst

$699,900

2 beds3,128 SF

Charming 1920's triplex in Montrose, fully rented with impressive rental income. Historic charm meets modern updates.

Cherryhurst

Houston 2-story, 3-bed 1705 Fairview-idx

$705,000

3 beds3 baths2-car3,781 SF

Charming Cherryhurst home with historic flair, versatile spaces, and a prime Montrose location.

Cherryhurst

Houston 2-story, 3-bed 2612 Yupon Street-idx

$619,000

3 beds2.5 baths2-car2,248 SF

Charming townhouse in Montrose with a cozy patio and open living spaces.

Cherryhurst

Houston 1-story, 2-bed 1621 California Street-idx

$789,900

2 beds1 baths1,200 SF

Rare corner lot in historic Cherryhurst neighborhood. Build your dream home surrounded by oak trees. Close to parks, schools, and Montrose attractions.

Cherryhurst