$585,000
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1221 Welch ST Houston, TX 77006
1 Bed
1 Bath
2,700 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 Plus
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $198
Subdivision Westover Par R/P
MLS Listing ID 71524823
Sold Date 12/28/23
Bedrooms 1
Full Baths 1
Year Built 1960
Annual Tax Amount $13,103
Tax Year 2023
Lot Size 5,000 Sqft
Property Description
6 unit multi-family listed at lot value. Already re-platted with an option to build 3 townhomes in vibrant Montrose. Can also be re-platted for a single family residential home. Hold for cash flow now and build when you're ready. Or renovate for optimal rent yield and keep as long term asset. The options are many. Located on Welch St, a quiet residential block halfway between the popular entertainment and dining establishments on Westheimer and upscale options in River Oaks. The property is neighbors with new high end custom homes and townhomes. Currently tenant occupied. 2 dryers and 2 washers (coin operated) in on-site laundry room. The re-plat was completed and recorded before the minimum lot size ordinance took effect on the block. The existing building also has 6 parking spaces grandfathered in - one for each unit. Each unit is individually metered for electricity and/or gas. Water meter is shared.
Location
State TX
County Harris
Area Montrose
Interior
Heating Window Unit
Cooling Window Units
Flooring Tile
Exterior
Utilities Available Cable, Electric, Gas, Water
Roof Type Built Up
Building
Story 1
Unit Features Fenced Area,Patio
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools William Wharton K-8 Dual Language Academy
Middle Schools Gregory-Lincoln Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions Other
Tax ID 037-089-001-0001
Energy Description Ceiling Fans
Acceptable Financing Cash Sale, Conventional
Tax Rate 2.2019
Disclosures Owner/Agent, Sellers Disclosure, Tenant Occupied
Listing Terms Cash Sale, Conventional
Financing Cash Sale,Conventional
Special Listing Condition Owner/Agent, Sellers Disclosure, Tenant Occupied
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Bought with Non-MLS
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