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1529 Welch Street
Houston TX 77006 US

$699,900

Active Listing ID 43560898
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2 bed
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1.00 Bath (1 Full)
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Triplex

$699,900

Active Listing ID 43560898
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1529 Welch Street 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)

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 1
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Private Entrance
  • Floor Covering: Hardwood, Tile, Wood
  • Roof Type: Composition
  • Heating Fuels: Central Furnace

School Information

  • School
  • BAKER MONTESSORI SCHOOL(Elementary)
  • LANIER MIDDLE SCHOOL(MiddleSchool)
  • LAMAR HIGH SCHOOL (HOUSTON)(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Triplex
  • listprice: 699900
  • unparsedaddress: 1529 Welch Street
  • postalcity: Houston
  • stateorprovince: TX
  • country: US
  • postalcode: 77006
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3128
  • livingareaunits: Square Feet
  • latitude: 29.74903
  • longitude: -95.399024
  • listagentfullname: Rory Higgins
  • listagentemail: rory@castleteam.com
  • listagentkey: 3yd-HARMLSTX-castles
  • listagentmlsid: castles
  • listagentpreferredphone: 7138064720
  • listagentofficephone: 7132278537
  • listofficekey: 3yd-HARMLSTX-HUCO01
  • listagentstatelicense: 0598541
  • listofficemlsid: HUCO01
  • disclaimer: Copyright © 2025 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HARMLSTX
  • yearbuilt: 1925
  • listingcontractdate: 2024-07-11
  • listagenturl: http://www.castleteam.com
  • countyorparish: Harris
  • parcelnumber: 038-258-000-0003
  • elementaryschool: BAKER MONTESSORI SCHOOL
  • highschool: LAMAR HIGH SCHOOL (HOUSTON)
  • elementaryschooldistrict: 27 - Houston
  • middleorjuniorschooldistrict: 27 - Houston
  • highschooldistrict: 27 - Houston
  • appliances: Dishwasher, Microwave, Refrigerator, Washer
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Brick, Wood Siding
  • flooring: Hardwood, Tile, Wood
  • heating: Central Furnace
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Paved or Surfaced
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Balcony, Granite Counters, Ceiling Fans, Programmable Thermostat
  • exteriorfeatures: Private Entrance
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -95.399025, 29.74903
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Castle Team", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Rory@castleteam.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rory@castleteam.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/HARMLSTX/68af1f10453211ea87aa0242ac110003/20240223135427928.png", "ListBrokerageName":"Castle Team", "ListBrokeragePhone":"713.227.8537", "ListBrokeragePostalCode":"77019", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1419 Montrose Blvd, Ste 504", "ListBrokerageWebsiteUrl":"http://www.castleteam.com", "ListOfficeAddress1":"1419 Montrose Blvd Ste 504", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Houston", "ListOfficeCountry":"US", "ListOfficeEmail":"rory@castleteam.com", "ListOfficePostalCode":"77019", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Houston, TX", "ListingURL":"https://listings.listhub.net/pages/HARMLSTX/43560898/?channel=rexren", "MLSModificationTimestamp":"2024-11-22T11:21:51Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13740, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2025 1:30:20 AM GMT
Source Updated Date: 1/13/2025 6:42:45 AM GMT

Courtesy of: Rory Higgins, Castle Team, rory@castleteam.com

Copyright © 2025 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.