$995,000

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Property Information

100% rented/occupied. Great investment opportunity, in Montrose, one of Houston's premiere locations. Each unit is 2 bd and 2 full bh + study. The market rental rate of each unit averages $1,670/month. The owners are responsible for roof and structure. Long-term tenants. No Maintenance or Association fee. Variety of dining/shopping is within walking distance. The property is located near freeways and Downtown is just minutes away.
Property Type:
Fourplex
Market Area:
Montrose
Square Feet:
1,528
Year Built:
1928
Stories:
2
Lot Size:
6,051
Parking Per Unit:
One
Parking Description:
Garage Parking

Location

Subdivision:
HAROLD STREET
Legal Subdivision:
Harold Street
Zip Code:
77006
Zip Code Extension:
4459
State:
TX
County:
Harris
In City Limits:
Unknown

Schools

Elementary:
WOODROW WILSON MONTESSORI
Middle:
GREGORY-LINCOLN MIDDLE SCHOOL
High:
LAMAR HIGH SCHOOL (HOUSTON)
District:
Houston
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Nadia Jubran's Photo Nadia Jubran

713.297.5621

Heritage Texas Properties - Post Oak Park

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Montrose

Historic Montrose, like adjoining Midtown, has experienced a renaissance in recent years. Just west of Downtown Houston, Montrose offers a mix of historic stately homes, brick bungalows, townhomes, high-rises, lofts, and apartment complexes. The close-in location and diverse population appeal to many buyers.

Buffalo Bayou forms Montrose’s northern boundary, with Highway 59 and the Museum District to the south, Shepherd and the Upper Kirby District to the west, and Midtown and a revitalized Downtown to the east.

Montrose residents are a well-rounded mix of artists, musicians, students, families, business professionals, and corporate executives. Many of Montrose’s original homes have been completely renovated and updated while others have been replaced by higher-density townhomes and lofts. Both new and old possess great character and embrace the eclectic nature of the neighborhood that surrounds them.

Named for an historic town in Scotland, Montrose was developed in 1911 by J.W. Link. Link’s imposing mansion on Montrose Boulevard is now the Administrative Building for St. Thomas University.
Neighborhoods within Montrose include gated Courtlandt Place, where all homes are listed in the National Historic Register and most have City of Houston Landmark designations. Westmoreland, Avondale and Cherryhurst retain much of their original character, generating a Southern, small-town atmosphere. In Hyde Park, resale shops, beauty shops and law offices are sprinkled in with houses, duplexes and older apartment buildings.
 
The West Gray/River Oaks shopping area offers grocery stores, movie theatres, a wide variety of retail and clothing stores, resale boutiques, coffee houses, restaurants and entertainment venues.

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Listed By: HomeSmart Fine Properties

All information is subject to change and should be independently verified.

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