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1608 Welch Street #14
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Houston, TX 77006
$2,200,000

The subject property is a 14-unit apartment complex in the Hyde Park community of Montrose. The complex is comprised of 2 buildings with (8) 1bed units in the rear building and (6) 2bed,2story units in the front building. Property to be sold with approved cover up inspections and the buyer will complete the renovations to include sheetrock, paint, cabinets, counters, etc. Every unit is designed to have its own washer/dryer, dishwasher, and central air. Major exterior improvements already completed include: New roof, Hardie siding, sewer lines, and windows. Major interior improvements already completed include: 30%-40% of all framing has been replaced, 100% new electrical wiring, 100% new plumbing, new water heaters, replaced window a/c units with individual central a/c in every apartment, and other improvements to meet current code requirements for framing, wind, fire, and insulation. Remaining renovations to completion are estimated at $180k-$200k. See attached PDF for breakdown.

Lot Information
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General Description
Property Type
Multi-Family - 5 Plus
Status
Active on Market
Stories:
2 STORY
Year Built:
1965
Build SqFt:
10,200 Appraisal
Lot Size:
10,000 Survey
Finance Avalable:
Cash Sale,Conventional,Investor
Subdivision:
Lamar Add
Market Area:
Montrose
City / Zip:
Houston / 77006
Key Map:
Page 492R
Days on Market:
15 day(s)
Room Dimensions
1 Bdr #:
8
2 Bdr #:
6
Interior Features
Floors:
Tile
Cooling:
Central Electric
Heating:
Central Electric
Energy Feature:
Energy Star/Reflective Roof,High-Efficiency HVAC,Insulated/Low-E windows,Insulation - Batt
Exterior Features
Roof:
Built Up
Exterior Type:
Cement Board
Parking Unit:
One
Parking:
Paved Area
School Information
District:
Middle Sch:
High Sch:
Documents
Listing Broker: PRIME REALTY GROUP
Request More Information
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Terms of Use
This email may ONLY be used to contact the agent / broker to schedule a showing of the MLS property listing and any other usage is prohibited.
Listing Broker: PRIME REALTY GROUP
Last updated as of: 06/24/2018



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